Rients Corporation Is a Service Company That Measures Its Output

question 143

Multiple Choice

Rients Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October. When the company prepared its planning budget at the beginning of October, it assumed that 39 customers would have been served. However, 44 customers were actually served during October.The spending variance for "Travel expenses" for October would have been closest to:

• A) $300 F
• B) $300 U
• C) $3,200 F
• D) $3,200 U

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Definitions:

Toluene

An aromatic hydrocarbon used as an industrial solvent, known for its benzene ring attached to a methyl group.

Alkenes

Unsaturated hydrocarbons containing at least one carbon-carbon double bond, characterized by the general formula CnH2n.

Propanoic Acid

An organic compound, also known as propionic acid, characterized by a three-carbon straight-chain structure with a carboxylic acid functional group.

KMnO4

Potassium permanganate, a chemical compound used as an oxidizing agent in various chemical reactions, known for its purple color.