Assume that a company has two cost drivers-number of courses and number of students. The planned...

 

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Assume that a company has two cost drivers-number of courses and number of students. The planned number of courses and students were 5 and 100, respectively. The actual number of courses and students were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers. Its cost formulas are $41 per course and $5 per student. The activity variance for this expense would be: Multiple Choice $41 F. $41 U. $91 F. $91 U. Assume that a company has two cost drivers-number of courses and number of students. The planned number of courses and students were 5 and 100, respectively. The actual number of courses and students were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers. Its cost formulas are $41 per course and $5 per student. The activity variance for this expense would be: Multiple Choice $41 F. $41 U. $91 F. $91 U.

Answer rating: 100% (QA)

Answer Actual expense No of course x Amount per course No of students x Amount per student ... View the full answer