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EXERCISE 9–8 Flexible Budgets and Activity Variances [LO1, LO2] Harold’s Roof Repair has provided… 1 answer below » EXERCISE 9–8 Flexible Budgets and Activity Variances [LO1, LO2] Harold’s Roof Repair has provided the following data concerning its costs: View complete question » Fixed Cost per Month Cost per Repair-Hour Wages and salaries . . . . . . . . . . . $21,380 $15.80 Parts and supplies . . . . . . . . . . . . $7.50 Equipment depreciation . . . . . . . . $2,740 $0.60 Truck operating expenses. . . . . . . $5,820 $1.90 Rent . . . . . . . . . . . EXERCISE 9–8 Flexible Budgets and Activity Variances [LO1, LO2] Harold’s Roof Repair has provided the following data concerning its costs: Fixed Cost per Month Cost per Repair-Hour Wages and salaries . . . . . . . . . . . $21,380 $15.80 Parts and supplies . . . . . . . . . . . . $7.50 Equipment depreciation . . . . . . . . $2,740 $0.60 Truck operating expenses. . . . . . . $5,820 $1.90 Rent . . . . . . . . . . . . . . . . . . . . . . . $4,650 Administrative expenses. . . . . . . . $3,870 $0.70 For example, wages and salaries should be $21,380 plus $15.80 per repair-hour. The company expected to work 2,500 repair-hours in June, but actually worked 2,400 repair-hours. The com- pany expects its sales to be $43.50 per repair-hour. Required: Prepare a report showing the company’s activity variances for June. View less » Dec 07 2015 06:13 PM