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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
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 , respectlvely. One of the company's expenses is Influenced by both cost drivers. Its cost formulas are $43 per course and $7 per student. The total cost. Included in the planning budget for this expense would be: Multiple Choice $815. $915. $1,015. \$1,115. Assume the following: - The varlable portion of the predetermined overhead rate is $1.50 per direct labor-hour. - The standard labor-hours allowed per unit of finished goods is 3 hours. - The actual quantity of labor hours worked during the perlod was 43,650 hours. - The total actual varlable manufacturing overhead cost for the perlod was $63,000. - The company produced 15,000 units of finished goods during the perlod. What is the varlable overhead rate varlance? Muliple Cholce $2,475F $2,475U $4,500U
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