Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help asap Assume that a company has two cost drivers-number of textbooks and number of instructors. The planned number of textbooks and instructors were
please help asap
Assume that a company has two cost drivers-number of textbooks and number of instructors. The planned number of textbooks and instructors were 5 and 100 , espectively. The actual number of textbooks and instructors were 6 and 110 , respectively. One of the company's expenses is influenced by both cost drivers. Its cost formulas are $50 per textbook and $5 per instructor. The total actual amount of this expense is $880. The spending variance for this expense would be: Multiple Choice $130 U. $30 $30F. $130FStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started