Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer is D. Show work please Outdoor Adventures, Inc. offers guided jeep tours for small groups in Denali National Park. The company bases its budget

image text in transcribed

Answer is D. Show work please

Outdoor Adventures, Inc. offers guided jeep tours for small groups in Denali National Park. The company bases its budget on two cost drivers: jeeps and guests. Data concerning the company's costs is as follows: Cost per Guest S0 S15 S20 $10 S8 Fixed Cost Cost per $20,000 S3,500 S13,000 $2,000 $150 $35 $0 $24 $0 Tour guide Vehicle expenses eal expenses irst aid expenses Administrative expenses $2,500 In June, the company budgeted for 60 jecps and 600 guests at an average tour price of $250 per guest. Data concerning the company's operations in June appear below: ctual Results 65 700 S202,000 S32,000 S7,000 S30,000 S5,000 S3,500 eeps uests uc Tour guide Vehicle expenses cal expenses irst aid expenses Administrative expenses 9. a. b. c. d. What is the activity variance for Vehicle expenses? S9,275 F $9,275U $1,675 F $1,675U

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

Recommended Textbook for

New Auditors Guide To Internal Auditing

Authors: Bruce R. Turner

1st Edition

1634540549, 978-1634540544

More Books

Students also viewed these Accounting questions

Question

state what is meant by the term performance management

Answered: 1 week ago