BUS 252 Accounting Test Bank 18- California Lutheran University
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BUS 252 (BUS252)
Institution
California Lutheran University
BUS 252 Accounting Test Bank 18- California Lutheran University/BUS 252 Accounting Test Bank 18- California Lutheran University/BUS 252 Accounting Test Bank 18- California Lutheran University/BUS 252 Accounting Test Bank 18- California Lutheran University
bus 252 accounting test bank 18 california lutheran universitybus 252 accounting test bank 18 california lutheran universitybus 252 accounting test bank 18 california lutheran universitybus 252
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BUS 252 (BUS252)
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42. Lynne Catering uses two measures of activity, jobs and meals, in the cost formulas in its
budgets and performance reports. The cost formula for catering supplies is $480 per
month plus $91 per job plus $14 per meal. A typical job involves serving a number of
meals to guests at a corporate function or at a host's home. The company expected its
activity in June to be 10 jobs and 79 meals, but the actual activity was 14 jobs and 77
meals. The actual cost for catering supplies in June was $2,970. The catering supplies in
the flexible budget for June would be closest to:
A. $2,49
6
B. $2,97
0
C. $2,83
2
D. $3,49
4
43. Wexell Framing's cost formula for its supplies cost is $1,230 per month plus $10 per
frame. For the month of October, the company planned for activity of 592 frames, but
the actual level of activity was 597 frames. The actual supplies cost for the month was
$7,050. The activity variance for supplies cost in October would be closest to:
A. $50
F
B. $50
U
C. $100
F
D. $100
U
44. Danoff Midwifery's cost formula for its wages and salaries is $1,540 per month plus $497
per birth. For the month of March, the company planned for activity of 112 births, but the
actual level of activity was 107 births. The actual wages and salaries for the month was
$56,850. The activity variance for wages and salaries in March would be closest to:
A. $2,485
U
B. $354
U
C. $2,485
F
D. $354
F
,45. Mondo Snow Removal's cost formula for its vehicle operating cost is $1,060 per month
plus $429 per snow-day. For the month of January, the company planned for activity of
11 snow-days, but the actual level of activity was 13 snow-days. The actual vehicle
operating cost for the month was $6,310. The activity variance for vehicle operating cost
in January would be closest to:
A. $531
U
B. $531
F
C. $858
U
D. $858
F
46. Dus Catering uses two measures of activity, jobs and meals, in the cost formulas in its
budgets and performance reports. The cost formula for catering supplies is $400 per
month plus $89 per job plus $10 per meal. A typical job involves serving a number of
meals to guests at a corporate function or at a host's home. The company expected its
activity in March to be 11 jobs and 81 meals, but the actual activity was 7 jobs and 76
meals. The actual cost for catering supplies in March was $1,810. The activity variance
for catering supplies in March would be closest to:
A. $406
U
B. $406
F
C. $379
F
D. $379
U
,47. Borunda Air uses two measures of activity, flights and passengers, in the cost formulas
in its budgets and performance reports. The cost formula for plane operating costs is
$37,020 per month plus $2,731 per flight plus $6 per passenger. The company expected
its activity in July to be 73 flights and 253 passengers, but the actual activity was 75
flights and 251 passengers. The actual cost for plane operating costs in July was
$231,770. The activity variance for plane operating costs in July would be closest to:
A. $6,131
F
B. $5,450
F
C. $6,131
U
D. $5,450
U
48. Paradiso Medical Clinic measures its activity in terms of patient-visits. Last month, the
budgeted level of activity was 1,060 patient-visits and the actual level of activity was
1,050 patient-visits. The cost formula for administrative expenses is $3.00 per patient-
visit plus $17,000 per month. The actual administrative expense was $19,300. In the
clinic's flexible budget performance report for last month, the spending variance for
administrative expenses was:
A. $850
F
B. $220
U
C. $30
F
D. $880
F
, 49. Ros Corporation's flexible budget cost formula for indirect materials, a variable cost, is
$0.90 per unit of output. If the company's performance report for last month shows a
$500 unfavorable spending variance for indirect materials and if 8,000 units of output
were produced last month, then the actual costs incurred for indirect materials for the
month must have been:
A. $7,65
0
B. $7,70
0
C. $7,20
0
D. $6,70
0
50. Loggin Midwifery's cost formula for its wages and salaries is $2,380 per month plus $231
per birth. For the month of April, the company planned for activity of 100 births, but the
actual level of activity was 102 births. The actual wages and salaries for the month was
$25,510. The spending variance for wages and salaries in April would be closest to:
A. $30
F
B. $432
U
C. $30
U
D. $432
F
51. Olivera Corporation's flexible budget performance report for last month shows that
actual indirect materials cost, a variable cost, was $31,178 and that the spending
variance for indirect materials cost was $2,261 unfavorable. During that month, the
company worked 11,900 machine-hours. Budgeted activity for the month had been
12,200 machine-hours. The cost formula per machine-hour for indirect materials cost
must have been closest to:
A. $2.7
4
B. $2.8
1
C. $2.3
7
D. $2.4
3
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