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Assume that a company has two cost drivers number of courses and number of students. The planned number of courses and students were 5 and
Assume that a company has two cost driversnumber of courses and number of students. The planned number of courses and students were and respectively. The actual number of courses and students were and respectively. One of the companys expenses is influenced by both cost drivers. Its cost formulas are $ per course and $ per student. The activity variance for this expense would be:
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