2 BIJJMT655 Corporation conducts "Make a Ton of Money in Online Sports Gambling!" workshops and uses two measures oactivity, number of classes and number of students, in the cost formulas in its reports.The cost formula for the workshops is $500 per month plus $110 per class plus $30 per student.BIJJMT655 expected its activity in November to be 20 classes and 130 students, but the actual activity was 14 classes and 12students. (ID#81758)The actual cost for the "Make a Ton of Money in Online Sports Gambling!" workshops in November was $5,950.Q: What was BIJJMT655's spending variance for workshops in November?Multiple Choice$650 U$650 F$520 U

A spending variance is the difference between the actual amount of a particular expense and the…

Answered: MT655 Corporation conducts "Make a Ton…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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