Essay
Rossean Tech is a for-profit vocational school.The school bases its budgets on two measures of activity (i.e.,cost drivers),namely student and course.The school uses the following data in its budgeting:
In October,the school budgeted for 1,400 students and 127 courses.The actual activity for the month was 1,500 students and 129 courses.
Required:
Prepare a report showing the school's activity variances for October.Label each variance as favorable (F)or unfavorable (U).
Correct Answer:
Verified
Correct Answer:
Verified
Q74: Fixed costs should usually be included in
Q93: A flexible budget report should exclude variable
Q100: During June, Tarras Corporation plans to serve
Q255: Actual costs are determined by plugging the
Q366: Schoening Corporation is a shipping container refurbishment
Q367: Billafuerte Jeep Tours operates jeep tours in
Q369: Brong Corporation is a shipping container refurbishment
Q372: Rogstad Corporation manufactures and sells a single
Q373: Manter Corporation manufactures and sells a single
Q374: Ibsen Clinic uses client-visits as its measure