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Assume that a company has two cost drivers-number of concerts and number of tickets. The planned number of concerts and tickets were 5 and 100

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Assume that a company has two cost drivers-number of concerts and number of tickets. The planned number of concerts and tickets were 5 and 100 , respectively. The actual number of concerthand tickets were 6 and 110 , respectively One of the company's expenses is inftuenced by both cost drivers and it has a fixed element as well its cost formulas are $50 per concert, $5 per ticket, and $1,000 per period. The total cost inciuded in the flexible budget for this expense would be: Multiple Choice 51750 51.850 51950 52,050

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