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Assume that a company provided the following cost formulas for three of its expenses (where qrefers to the number of hours worked): Rent (fixed) Supplies
Assume that a company provided the following cost formulas for three of its expenses (where qrefers to the number of hours worked): Rent (fixed) Supplies (variable) Utilities (mixed) $ 3,000 $ 4.009 $150 $0.75q The company's planned level of activity was 2,180 hours and its actual level of activity was 1,850 hours. How much supplies expense would be included in the planning budget? Multiple Choice $8,120 $8,420 $8,620 $8,720 Assume that a company provided the following cost formulas for three of its expenses (where q refers to the number of hours worked): Rent (fixed) Supplies (variable) $ 3,000 $ 4.00q $160 $ 0.75q The company's planned level of activity was 2,000 hours and its actual level of activity was 1,900 hours. How much utilities expense would be included in the planning budget? Utilities (mixed) Multiple Choice $1,500 $1,585 $1,660 $1,685
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