Assume the following information for one of a companys variable expenses: The activity...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Assume the following information for one of a companys variable expenses:
- The activity variance is $900 favorable.
- The actual amount of the expense is $8,300.
- The planned level of activity is 1,000 hours.
- The actual level of activity is 900 hours.
The cost formula for this expense must be:
Multiple Choice
-
$9.30 per hour.
-
$10.00 per hour.
-
$9.00 per hour.
-
$8.30 per hour.
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.