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

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Accounting

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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 and it has a fixed element as well. Its cost formulas are $53 per course, $5 per student, and $1,000 per period. The total cost included in the planning budget for this expense would be: Multiple Choice O $1,968 O O $1,665. O $1,868 O $1,765

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