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).

Question

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).

Quizplus · Accepted Answer

The Answer of 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).

Rossean Tech Is a For-Profit Vocational School