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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)
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) $3, 000 Supplies (variable) $4 . 00q Utilities (mixed) $150 + $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 flexible budget? Multiple Choice O $1,650 O $1,575 O $1,675 O $1,500Assume that the amount of one of a company's fixed expenses in its flexible budget is $46,000. The actual amount of the expense is $47,000 and the amount in the company's planning budget is $46,000. The activity variance for this expense is: Multiple Choice O $2,000 U. O $0. O $1,000 U. O $1,000 F.Assume that a companyr provided the following cost formulas for three of its expenses {where :3 refers to the number of hours worked]: Rent {fixed} $3,000 Supplies {variable} $41.00;; Utilities {mixed} $158 + $13.25;; The company's planned level of activity,r was 2,080 hours and its actual level of activity,r was 1,850 hours. How much supplies expense would be included in the planning budget? Multiple Choice 0 $8,320 $8,020 $1220 $8,220 000
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