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The Hartford Hotel determines variable costs in relation to rooms rented during a month. The following data are available for October: Actual number of rooms
The Hartford Hotel determines variable costs in relation to rooms rented during a month. The following data are available for October:
Actual number of rooms rented during October = 6,000
Budgeted variable cost per room = $24
Variable cost price variance = $9,000 unfavorable
Variable cost volume variance = $7,200 favorable
What was the actual variable cost per room during October?
a.$24.30
b. $25.50
c. $25.20
d. $25.70
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