The Hartford Hotel determines variable costs in relation to rooms rented during a month. The following data are available for October: Actual number of rooms rented during October = 6,000 Budgeted variable cost per room = $24 Variable cost price variance = $9,000 unfavorable Variable cost volume variance = $7,200 favorable What was the actual variable cost per room during October? a.$24.30 b. $25.50 c. $25.20 d. $25.70

The Hartford Hotel determines variable costs in relation to rooms rented during a month. The following data are available for October: Actual number of rooms rented during October = 6,000 Budgeted variable cost per room = $24 Variable cost price variance = $9,000 unfavorable Variable cost volume variance = $7,200 favorable What was the actual variable cost per room during October? a.$24.30 b. $25.50 c. $25.20 d. $25.70

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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