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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, respectively. One of the company's expenses is influenced by both cost drivers. Its cost formulas are $48 per course and $7 per student. The total cost included in the planning budget for this expense would be 25:12 Multiple Choice 0 $940 $1040 51140 am mgmiddleware 252F Saved Help Save & Exit Assume that a company's planned level of activity was 2,000 units and its actual level of activity was 2,200 units. The spending variance for one of its fixed expenses was $200 favorable. The actual amount of the fixed expense was $10,640. What amount of this expense would be included in the company's planning budget? Multiple Choice $10,840 $11.340 39840 Assume that a company provided the following cost formulas for three of its expenses (where a refers to the number of hours worked): Rent (fixed) $ 3,000 Supplies (variable) $ 5.709 Utilities (mixed) $ 150 + $ 0.750 The company's planned level of activity was 2,000 hours and its actual level of activity was 1,850 hours. How much supplies expense would be included in the flexible budget? bus Multiple Choice $10,845 $10.545
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