Question

Use the following info for questions 46 - 49: Mcquain Boat Wash's cost formula for its cleaning equipment and supplies is $1,950 per month plus $20 per boat. For the month of June, the company planned for activity of 85 boats, but the actual level of activity was 125 boats. The actual cleaning equipment and supplies for the month was $4,380.

          Use the following info for questions 46 - 49:
Mcquain Boat Wash's cost formula for its cleaning equipment and supplies is $1,950 per month plus $20 per
boat. For the month of June, the company planned for activity of 85 boats, but the actual level of activity was
125 boats. The actual cleaning equipment and supplies for the month was $4,380.

Use the following info for questions 46 - 49:
Mcquain Boat Wash's cost formula for its cleaning equipment and supplies is 1,950 per month plus20 per
boat. For the month of June, the company planned for activity of 85 boats, but the actual level of activity was
125 boats. The actual cleaning equipment and supplies for the month was 4,380.

Added by David A.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

Instant Answer

Solved by Expert Azat Nurmukhametov

09/26/2022

Step 1

The cost formula for cleaning equipment and supplies is $1,950 per month plus $20 per boat. The planned activity for June was 85 boats. Planned cost = $1,950 + ($20 * 85) Planned cost = $1,950 + $1,700 Planned cost = $3,650 Step 2: Calculate the flexible budget Show more…

Show all steps

Thanks for your feedback!

46. The cleaning equipment and supplies in the planning budget for June would be closest to: Group of answer choices $2,978 $4,450 $3,650 $4,380 47. The cleaning equipment and supplies in the flexible budget for June would be closest to: Group of answer choices $4,450 $5,368 $4,380 $3,650 48. The activity variance for cleaning equipment and supplies in June would be closest to: Group of answer choices $730 F $730 U $800 F $800 U 49. The spending variance for cleaning equipment and supplies in June would be closest to: Group of answer choices $70 U $70 F $730 U $730 F URGENT!!! Thank you! Answer at least the last two questions! Use the following info for questions 46 - 49: McQuain Boat Wash's cost formula for its cleaning equipment and supplies is $1,950 per month plus $20 per boat. For the month of June, the company planned for activity of 85 boats, but the actual level of activity was 125 boats. The actual cleaning equipment and supplies for the month was $4,380.