Questions 24 and 25 are based on the following information:…
Questions 24 and 25 are based on the following information: ABC Co. makes widgets. During the month of September, the company produced and sold 1,000 units. The company established the following cost formulas for its selling expenses: Fixed cost per month Variable cost per unit sold Advertising $1,300 n/a Shipping expenses n/a $1.85 The planning budget for September was based on producing and selling 1,100 units. Actual advertising and shipping expenses in September were $1,200 and $2,100, respectively. What is the flexible budget spending variance related to shipping expense?