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 total amount of this mixed cost included in the planning budget was $12,000. What is the actual total amount of this mixed expense? Multiple Choice $11,300 $10,900 $13,100 $11,700
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 total amount of this mixed cost included in the planning budget was $12,000. What is the actual total amount of this mixed expense? Multiple Choice $11,300 $10,900 $13,100 $11,700
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![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 total amount of this mixed cost included in the planning budget
was $12,000. What is the actual total amount of this mixed expense?
Multiple Choice
$11,300
$10,900
$13,100
$11,700](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa3e648c1-def3-46b5-84f6-7e78416be898%2Fff6cd780-9e01-4c7a-bb89-4c173ff7374c%2Fk4mapcm_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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 total amount of this mixed cost included in the planning budget
was $12,000. What is the actual total amount of this mixed expense?
Multiple Choice
$11,300
$10,900
$13,100
$11,700
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