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Assume that a company has two cost drivers number of textbooks and number of instructors. The planned number of textbooks and instructors were 5 and

Assume that a company has two cost driversnumber of textbooks and number of instructors. The planned number of textbooks and instructors were 5 and 100, respectively. The actual number of textbooks and instructors were 6 and 110, respectively. One of the companys expenses is influenced by both cost drivers. Its cost formulas are $50 per textbook and $5 per instructor. The total actual amount of this expense is $880. The spending variance for this expense would be:
Multiple Choice
$130 U.
$130 F.
$30 U.
$30 F.

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