Acme Company makes and sells widgets. Acme’s planning budget…
Acme Company makes and sells widgets. Acme’s planning budget for the current month is based on projected unit sales of 8,000 units. The planning budget assumes that fixed selling and administrative (S&A) expenses are $336,000, and variable S&A expenses are 40% of total S&A expenses. During the month, Acme actually makes and sells 8,500 units and its actual total S&A expenses are $594,500. What is the flexible budget spending variance for S&A expenses?