S Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per...

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Accounting

S Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 21,300 Cost per Repair-Hour $ 15.00 $ 7.10 $ 0.50 $ 1.90 Wages and salaries. Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses For example, wages and salaries should be $21,300 plus $15.00 per repair-hour. The company expected to work 2,600 repair-hours in May, but actually worked 2,500 repair-hours. The company expects its sales to be $48.00 per repair-hour. Revenue Expenses: $ 2,780 $ 5,760 Required: Compute the company's activity variances for May. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent $ 4,630 $ 3,880 Jake's Roof Repair Activity Variances For the Month Ended May 31 Administrative expenses $ 0.60
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Jake's Roof Repair has provided the following data concerning its costs: For example, wages and salaries should be $21,300 plus $15,00 per repair-hour. The company expected to work 2,600 repair-hours in May, but actually worked 2,500 repair-hours. The company expects its sales to be $48.00 per repair-hour. Required: Compute the company's activity variances for May. Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values. For example, wages and salaries should be $21,300 plus $15.00 per repair-hour. The company expected to work 2,600 repair-hours in May, but actually worked 2,500 repair-hours. The company expects its sales to be $48.00 per repair-hour. Required: Compute the company's activity variances for May. Note: Indicate the effect of each variance by selecting "F" for favorable, " U " for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values

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