Determine the actual cost for catering supplies


Sissac 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 $610 per month plus $110 per job plus $26 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 May to be 118 jobs and 127 meals, but the actual activity was 13 jobs and 132 meals. The actual cost for catering supplies in May was $5,350. The spending variance for catering supplies in May would be closest to?

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Accounting Basics: Determine the actual cost for catering supplies
Reference No:- TGS0676857

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