Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

question 21 question 22 21 10 points Dermody Snow Removal's cost formula for its vehicle operating cost is $3,020 per month plus $332 per snow-

question 21 image text in transcribed
question 22
image text in transcribed
21 10 points Dermody Snow Removal's cost formula for its vehicle operating cost is $3,020 per month plus $332 per snow- day. For the month of December, the company planned for activity of 14 snow-days, but the actual level of activity was 16 snow-days. The actual vehicle operating cost for the month was $7,945. The spending variance for vehicle operating cost in December would be closest to: Multiple Choice $277 U $277 F $387 F $387 U 22 TB MC Qu. 9-92 Canniff Air uses two measures of activity, flights and passengers ... 10 points Canniff 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 $57,210 per month plus $2,644 per flight plus $5 per passenger. The company expected its activity in February to be 72 flights and 280 passengers, but the actual activity was 71 flights and 281 passengers. The actual cost for plane operating costs in February was $245,290. The plane operating costs in the planning budget for February would be closest to: Multiple Choice $248,978 $247,934 $246,339 $245,290

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

Principles of Cost Accounting

Authors: Edward J. Vanderbeck, Maria Mitchell

17th edition

9781305480520, 1305087402, 130548052X, 978-1305087408

More Books

Students also viewed these Accounting questions

Question

List five differences between civil and criminal law.

Answered: 1 week ago