11.Assume that a company has two cost driversnumber of courses and number of students. The planned number of courses and students were 5 and 100, respectively. The actual number of courses and students were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers and it has a fixed element as well. Its cost formulas are $50 per course, $6 per student, and $1,000 per period. The total cost included in the planning budget for this expense would be:

rev: 06_25_2020_QC_CS-208650

Multiple Choice

• $1,850.
• $1,750.
• $1,960.
• $2,060.

13.Assume that a company's revenue in its flexible budget is $76,000. Its actual amount of revenue is $69,000 and the amount of revenue in the company's planning budget is $78,000. The amount of the revenue variance is:

rev: 06_25_2020_QC_CS-208650

Multiple Choice

• $7,000 F.
• $7,000 U.
• $5,000 U.
• $9,000 U.

16.Assume that a company has two cost driversnumber of courses and number of students. The planned number of courses and students were 5 and 100, respectively. The actual number of courses and students were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers. Its cost formulas are $50 per course and $4 per student. The total cost included in the flexible budget for this expense would be:

rev: 06_25_2020_QC_CS-208650

Multiple Choice

• $840.
• $540.
• $740.
• $640.

17.Assume the following information for one of a company's variable expenses:

• The activity variance is $760 favorable.
• The actual amount of the expense is $8,300.
• The planned level of activity is 1,000 hours.
• The actual level of activity is 900 hours.

The cost formula for this expense must be:

rev: 06_25_2020_QC_CS-208650

Multiple Choice

• $6.90 per hour.
• $7.90 per hour.
• $7.60 per hour.
• $8.60 per hour.

19.Assume that the amount of one of a company's variable expenses in its flexible budget is $40,000. The actual amount of the expense is $42,000 and the amount in the company's planning budget is $42,000. The activity variance for this expense is:

rev: 06_25_2020_QC_CS-208650

Multiple Choice

• $1,000 F.
• $1,000 U.
• $2,000 U.
• $2,000 F.