Dermody Snow Removal's cost formula for its vehicle operating cost is $2,930 per month plus $323 per snow-day. For the month of December, the company planned for activity of 17 snow-days, but the actual level of activity was 16 snow-days. The actual vehicle operating cost for the month was $8,700. The spending variance for vehicle operating cost in December would be closest to: rev: 11_08_2017_QC_CS-108685, 11_29_2017_QC_CS-110702 Multiple Choice $279 U $279 F $602 U

602 U

Explanation:

Dermody Snow Removal's

Vehicle operating cost is $2,930 per month plus $323 per snow-day

Actual level of activity was 16 snow-days

Spending variance for vehicle operating cost = Flexible budget-actual

Hence;

= (323*16+2930)-8,700

=(5,168+2,930)-8,700

=8,098-8,700

=602 U

Therefore the spending variance for vehicle operating cost in December would be closest to 602 U

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi