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Assume that a company provided the following excerpts of information from its flexible budget performance report: Actual Results Flexible Budget Planning Budget Flights ( q

Assume that a company provided the following excerpts of information from its flexible budget performance report:

Actual Results Flexible Budget Planning Budget
Flights (q1) 8 ? 9
Students (q2) 260 ? 270
Expenses:
Administrative expense ($125 + $250q1 + $30q2) $ 8,900 ? $ ?

What is the total administrative expense in the flexible budget?

Multiple Choice

  • $9,925

  • $9,000

  • $9,075

  • $9,050

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