Boan 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 August, the school budgeted for 1,590 students and 110 courses. The school's income statement showing the actual results for the month appears below:
Required:Prepare a report showing the school's activity variances for August. Label each variance as favorable (F) or unfavorable (U).

Question

Boan 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 August, the school budgeted for 1,590 students and 110 courses. The school's income statement showing the actual results for the month appears below:
  Required:Prepare a report showing the school's activity variances for August. Label each variance as favorable (F) or unfavorable (U).

Quizplus · Accepted Answer

The Answer of Boan 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 August, the school budgeted for 1,590 students and 110 courses. The school's income statement showing the actual results for the month appears below:
  Required:Prepare a report showing the school's activity variances for August. Label each variance as favorable (F) or unfavorable (U).

Boan Tech Is a For-Profit Vocational School