Check 13 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 and it has a fixed element as well. Its cost formulas are $50 per course, $5 per student, and $1,000 per period. The total cost included in the flexible budget for this expense would be: 1 points Skipped Multiple Choice eBook Print References $1,750. $2,050. $1,850. o $1,950. O 14 Assume the following information for one of a company's variable expenses: 1 points The activity variance is $810 favorable. The actual amount of the expense is $8,300. The planned level of activity is 1,000 hours. The actual level of activity is 900 hours. Skipped The cost formula for this expense must be: eBook Multiple Choice $8.40 per hour. $9.10 per hour. O $8.10 per hour. $7.40 per hour. Check m 15 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 $42,000 and the amount in the company's planning budget is $42,600. The activity variance for this expense is: 1 points Skipped Multiple Choice eBook Print $1,300 U. References $1,300 F. $2,600 F. $2,600 U