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
Correct Answer:
Verified
Q2: The process of establishing objectives or goals
Q3: Effective control of a company's operations is
Q4: Taylor Logan is an accountant with the
Q5: Which of the following statements characterizes a
Q6: A budget:
A)is a monthly financial statement issued
Q8: Examples of service businesses include:
A)Airlines,accountants,and hair stylists.
B)Department
Q9: Which of the following costs would be
Q10: Which of the following costs would be
Q11: Responsibility accounting would most likely hold a
Q12: The business entity that purchases finished goods
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents