Medlar Corporation's static planning budget for June appears below. The company bases its budgets on...
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Accounting
Medlar Corporation's static planning budget for June appears below. The company bases its budgets on machine-hours.
| Budgeted number of machine-hours | 8,900 |
|---|---|
| Supplies (@ $2.20 per machine-hour) | $ 19,580 |
| Power (@ $3.80 per machine-hour) | 33,820 |
| Salaries | 26,700 |
| Equipment depreciation | 39,160 |
| Total | $ 119,260 |
In June, the actual number of machine-hours was 9,300, the actual supplies cost was $19,760, the actual power cost was $35,720, the actual salaries cost was $27,130, and the actual equipment depreciation was $39,430.
What should be the spending variance for supplies cost in the flexible budget performance report for the month ?
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