Photo framing's cost formula for its supplies cost is $1,070 per month plus $17 per frame. for the month of november, the company planned for activity of 617 frames, but the actual level of activity was 607 frames. the actual supplies cost for the month was $11,700. the spending variance for supplies cost in november would be closest to:

$311 unfavorable

Explanation:

The computation of the spending variance is shown below:

= Actual  supplies cost - flexible supplies cost

where

Actual supplies cost is $11,700

And, the flexible supplies cost would be

= Actual level of activity × price per frame + supplies cost per month

= 607 frames ×$17 + $1,070

= $10,319 + $1,070

= $11,389

Now put these values to the above formula  

So, the value would equal to

= $11,700 - $11,389

= $311 unfavorable

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

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