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Assume that the amount of one of a company's variable expenses in its flexible budget is $40,000. The actual amount of the expense is $45,000

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Assume that the amount of one of a company's variable expenses in its flexible budget is $40,000. The actual amount of the expense is $45,000 and the amount in the company's planning budget is $44,000. The spending variance for this expense is: Multiple Choice $5,000 u. $10,000 $5,000 F $10,000 F Assume that a company's revenue in its flexible budget is $76,000. Its actual amount of revenue is $71,600 and the amount of revenue in the company's planning budget is $78,000. The amount of the revenue variance is: Multiple Choice $4,400 U. $2,400 U. $4,400 F $6.400 U Assume that a company has two cost drivers-number of courses and number of students. The planned number of courses and students were 5 and 100, respectively. The actual number of courses and students were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers. Its cost formulas are $53 per course and $7 per student. The total cost included in the planning budget for this expense would be: Multiple Choice $865 $1.065 $965 $165

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