Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. assume that a company's planned level of activity

Assume that a company's planned level of activity was 3,500 units and its actual level...

90.2K

Verified Solution

Question

Accounting

image

Assume that a company's planned level of activity was 3,500 units and its actual level of activity was 4,000 units. The spending variance for one of its mixed expenses was $900 favorable and its activity variance was $200 unfavorable. The planned amount of the fixed portion of this mixed expense was $10,000. What is the cost formula for the variable portion of this mixed expense? Multiple Choice $0.40 per unit $0.50 per unit $0.60 per unit $0.70 per unit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Could you please explain this quote for me? “Although impact investing is clearly focused on producing desirable...

Chemistry
1.2K views

1.What is the coordination number for each of the following complexes? [Co(NH3)4Cl2]+ [Pb(EDTA)]2? [Cu(NH3)4]2+ [Ag(NH3)2]NO3 2.What is the charge on each...

Physics
1.2K views

4 Find the current through a resistor of resistance R 4 2 if the voltage...

Physics
1.2K views

A uniform cylindrical rod of mass m and density po is having a point mass...

Statistics
1.2K views

The mean number of words per minute WPM typed by a speed typist is 79...

Algebra
1.2K views

a compute the power in rectangular form by using binomial multiplication b write the complex...

Accounting
1.2K views

Pharoah's Custom Construction Company is considering three new projects, each requiring an equipment investment of...

Accounting
1.2K views

The December 31, 2021, adjusted trial balance of OnPoint (reflecting its transactions from October through...

Accounting
1.2K views

It is suppose to be molly and john throughout the whole question I apologize, I...

Accounting
1.2K views

Question 1 of 1 -100 Manage Upgrade View Policies Current Attempt in Progress ...

Accounting
1.2K views

What is the adjusting journal entry for the following? Advertising in the amount of $1,200...

Accounting
1.2K views

Lopez, Cruz, and Perez are partners and share net income and loss in a 7:3:1...