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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:
Multiple Choice
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$695.
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$795.
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$895.
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$995.
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