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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

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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 expenses is influenced by both cost drivers. Its cost formulas are $50 per course and $4 per student. The total cost included in the planning budget for this expense would be: Multiple Choice $550. $850. $650.

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