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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)

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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) $3,000 Supplies (variable) $4 . 00q Utilities (mixed) $245 + $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? Multiple Choice O $1,500 O $1,745 O $1,770 O $1,670Assume 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 $49,400 and the amount in the company's planning budget is $40,000. The spending variance for this expense is: Multiple Choice $6,800 U. $3,400 F. 000 $3,400 U. Assume that a company's planned level of activity is 1,000 hours and its actual level of activity is 1,100 hours. Based on this information, the company's activity variances for its fixed expenses will: Multiple Choice O all be favorable. O all be unfavorable. O all be zero. O be favorable or unfavorable depending on each expense's cost behavior pattern

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