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Assume that a company has two cost drivers-number of graphing calculators and number of customers. The planned number of graphing calculators and customers were 5
Assume that a company has two cost drivers-number of graphing calculators and number of customers. The planned number of graphing calculators and customers were 5 and 100, respectively. The actual number of graphing calculators and customers were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers and it has a fixed element as well. Its cost formulas are $50 per graphing calculator, $5 per customer, and $1,000 per period. The total cost included in the flexible budget for this expense would be: Multiple Choice $1,850. $1,950. $2,050. $1,750
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