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

Assume that a company has two cost driversnumber 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 companys expenses is influenced by both cost drivers. It's cost formulas are $59 per course and $5 per student. The total cost included in the planning budget for this expense would be:

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  • $695.

  • $795.

  • $895.

  • $995.

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