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Assume that a company has two cost drivers-number of courses and number of students. The planned number of courses and students were 5 and 100,

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Assume that a company has two cost drivers-number 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 expehses is influenced by both cost drivers and it has a fixed element as well. Its cost formulas are $51 per course, $7 per student, and $1,000 per period. The total cost included in the planning budget for this expense would be: Multiple Choice $2,176 $1,955. 51,855 $2.076

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