Barsness Corporation is an oil well service company that measures its output by the number of wells serviced.The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for November.
When the company prepared its planning budget at the beginning of November, it assumed that 39 wells would have been serviced.However, 43 wells were actually serviced during November. The amount shown for "Other expenses" in the planning budget for November would have been closest to:
A) $34,800
B) $35,300
C) $32,016
D) $35,050
Correct Answer:
Verified
Q43: Cardero Midwifery's cost formula for its wages
Q44: Sherburne Snow Removal's cost formula for its
Q52: Loughry Catering uses two measures of activity,
Q62: Wember Catering uses two measures of activity,
Q68: Sharifi Hospital bases its budgets on patient-visits.The
Q69: Aultz Tile Installation Corporation measures its activity
Q70: Magliacane Corporation is a service company that
Q75: Lightsey Natural Dying Corporation measures its activity
Q77: Wyzard Corporation is a shipping container refurbishment
Q78: Younker Corporation is a shipping container refurbishment
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents