Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

image text in transcribed

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 $43 per course and $7 per student. The total cost included in the flexible budget for this expense would be: Multiple Choice $870. $928. $1,128. $1,028

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditor Independence Auditing Corporate Governance And Market Confidence

Authors: Ismail Adelopo

1st Edition

1409434702, 978-1409434702

Students also viewed these Accounting questions

Question

Define promotion.

Answered: 1 week ago

Question

Write a note on transfer policy.

Answered: 1 week ago

Question

Discuss about training and development in India?

Answered: 1 week ago

Question

Explain the various techniques of training and development.

Answered: 1 week ago

Question

2. What is the business value of security and control?

Answered: 1 week ago