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please answer i will give a good feedback Exercise 9-6 (Algo) Working with More Than One Cost Driver [LO9-2, LO9-3, LO9-5, LO9-6] The Gourmand Cooking
please answer i will give a good feedback
Exercise 9-6 (Algo) Working with More Than One Cost Driver [LO9-2, LO9-3, LO9-5, LO9-6] The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in ts budgeting and performance reports-the number of courses and the total number of students. For example, the school might run wo courses in a month and have a total of 64 students enrolled in those two courses. Data concerning the company's cost formulas appear below: Gor example, administrative expenses should be $4,000 per month plus $44 per course plus $4 per student. The company's sales should average $890 per student. The company planned to run four courses with a total of 64 students; however, it actually ran four courses with a total of only 56 students. The actual operating results for September were as follows: Required: Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)Step by Step Solution
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