Uber Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 6,800 units, but its actual level of activity was 6,750 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May:Data used in budgeting: Fixed element per month Variable element per unit Revenue $ 0 $ 34.30 Direct labor $ 0 $ 6.30 Direct materials 0 13.90 Manufacturing overhead 38,000 1.80 Selling and administrative expenses 25,600 0.30 Total expenses $ 63,600 $ 22.30 Actual results for May: Revenue $ 232,600 Direct labor $ 41,890 Direct materials $ 94,925 Manufacturing overhead $ 44,000 Selling and administrative expenses $ 30,480 The activity variance for direct labor in May would be closest to:

Uber Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 6,800 units,...

Uber Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 6,800 units, but its actual level of activity was 6,750 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May:

Data used in budgeting:

	Fixed element per month	Variable element per unit
Revenue	$ 0	$ 34.30
Direct labor	$ 0	$ 6.30
Direct materials	0	13.90
Manufacturing overhead	38,000	1.80
Selling and administrative expenses	25,600	0.30
Total expenses	$ 63,600	$ 22.30

Actual results for May:

Revenue	$ 232,600
Direct labor	$ 41,890
Direct materials	$ 94,925
Manufacturing overhead	$ 44,000
Selling and administrative expenses	$ 30,480

The activity variance for direct labor in May would be closest to:

Jun 09, 2022

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Uber Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 6,800 units,...

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