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 and actual amounts of the fixed portion of this mixed expense were $10,000 and $9,300, respectively. What total amount of this mixed expense would be included in the flexible budget? Multiple Choice O $11,600 $11,400 O $11,800 $11,200 x

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 and actual amounts of the fixed portion of this mixed expense were $10,000 and $9,300, respectively. What total amount of this mixed expense would be included in the flexible budget? Multiple Choice O $11,600 $11,400 O $11,800 $11,200 x

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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