Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

JAR-174 tour company uses two measures of activity, routes and passengers in its cost formulas used for budgeting and performance evaluation. The cost formula for

image text in transcribed
JAR-174 tour company uses two measures of activity, routes and passengers in its cost formulas used for budgeting and performance evaluation. The cost formula for tour operating costs is \\( \\$ 56,850 \\) per month plus \\( \\$ 2,884 \\) per route plus \\( \\$ 18 \\) per passenger. The company expected in August to perform 89 routes and serve 255 passengers, but the actual activity was 95 routes and 270 passengers. The actual tour operating costs in August was \\( \\$ 305,100 \\). The spending variance for tour operating costs in August would be closest to: Multiple Choice \\$17,574 Favorable \\( \\$ 30,590 \\) Favorable \\( \\$ 30,590 \\) Unfavorable \\( \\$ 13,016 \\) Favorable \\( \\$ 13 \\) 16 IInfavnrahle

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Eco Management And Auditing A Practical Guide To EC Regulations

Authors: Joseph Tanega

1st Edition

1859070094, 978-1859070093

More Books

Students also viewed these Accounting questions

Question

Fin I1 in the network infigure. ww 6 mA 20 mA 4 mA ww

Answered: 1 week ago

Question

4. Describe the role of narratives in constructing history.

Answered: 1 week ago

Question

1. Identify six different types of history.

Answered: 1 week ago