Question: please help with step by step solving Assume that a company has two cost drivers-number of concerts and number of tickets. The planned number of

please help with step by step solving

Assume that a company has two cost drivers-number of concerts and number of tickets. The planned number of concerts and tickets were 5 and 100, respectively. The actual number of concerts and tickets were 6 and 110, respectively. One of the company's expenses is influenced by both cost drivers. Its cost formulas are $50 per concert and $5 per ticket. The total actual amount of this expense is $880. The spending variance for this expense would be: $130 U. O $30 F. O $30 U. $130 F

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