The spending variance for vehicle operating cost in January would be closest to $386 U
Calculation to determine what The spending variance for vehicle operating cost in January would be closest to:
Actual results $10,130
Less Flexible budget $10,516
($3,080+($338 per*22 snow-days)
Spending variance $386 Unfavorable
Therefore The spending variance for vehicle operating cost in January would be closest to:
$386 Unfavorable
What is variable cost?
Costs that vary according on how much of a good or service a company produces are known as variable costs. The total of marginal costs across all units produced represents variable costs. They may also be regarded as typical expenses. The two elements of total cost are fixed costs and variable costs.
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