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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 )
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 $ q
Utilities mixed $ $ q
The companys planned level of activity was hours and its actual level of activity was hours. How much utilities expense would be included in the planning budget?
Multiple Choice
$
$
$
$
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