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Joshua Company Prepares Monthly Performance Reports for Each Department

Question 7

Multiple Choice

Joshua Company prepares monthly performance reports for each department.The budgeted amounts of wages for the Finishing Department for the month of August and for the eight-month period ended August 31 were $12,000 and $100,000,respectively.Actual wages paid through July were $91,500,and wages for the month of August were $11,800.The month and year-to-date variances,respectively,for wages on the August performance report would be:


A) $200 F;$8,500 F
B) $200 F;$3,300 U
C) $200 U;$3,300 U
D) $200 U;$8,500 F

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