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Assume that a company provided the following excerpts of information from its flexible budget performance report: Actual Flexible Planning Results Budget Budget Flights (q) 52
Assume that a company provided the following excerpts of information from its flexible budget performance report: Actual Flexible Planning Results Budget Budget Flights (q) 52 Expenses : Wages and salaries ($4, 000 + $88.00q) $8, 400 What was the planned number of flights (q) for the period? Multiple Choice O 40 O 50 O 54 O 45Assume 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. The actual amount of supplies expense for the period was $7,830. What is the spending variance for supplies expense? Multiple Choice O $230 U O $460 F O $230 F O $460 UAssume that the actual amount of one of a company's variable expenses was $45,198. The company's planned level cot activity was 19,000 machinehours, and its actual level of activity was 18.?00 machine-hours. The spending variance for this particular expense was $9,114 favorable. The cost formula per machinehour for this expense is: Multiple Choice 0 $234. $1.92. $290. $1.88. 000
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