Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 10 and 11 please Groupe Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.
Question 10 and 11 please Groupe Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $48,840 per month plus $2.381 per flight plus $7 per passenger The company expectedits activity in October to be 63 fights and 293 passengers, but the actual activity was 61 fights and 298 passengers. The actual cost for plane operating costs in October was $199.070. The activity variance for plane operating costs in October would be closest to: Multiple Choice $1,824 F $1,824 U $4,727 U 4727
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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