Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4P-883 four compary uses two measures of actwity, rotes and passenyers in its cost formutas used for budjeting and performance evaluntion. The cost formula for

image text in transcribed
4P-883 four compary uses two measures of actwity, rotes and passenyers in its cost formutas used for budjeting and performance evaluntion. The cost formula for tour pereqing costs is $56,850 per month plus $2,880 per toute plus $16 per passenger. The company expected in August to perform 88 routes and serve 256 passengers. ut the actual activity was 93 routes and 266 passengers. The actual tour operating costs in August was $305.00: The spencing variance for tour operating costs in August ould be clasest toc Multiple Chioice $9,286 Favorathe \$23.846 Favorable $9,286 Unfovorable $23,846 Unfavorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions