Schoening Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for January.
When the company prepared its planning budget at the beginning of January, it assumed that 40 containers would have been refurbished. However, 38 containers were actually refurbished during January.
-The total expenses in the flexible budget for January would have been closest to:
Definitions:
Minute Ventilation
The total volume of air entering and leaving the lungs per minute.
Alveolar Ventilation
The exchange of gas between the lungs and the external environment, specifically the movement of air into and out of the alveoli.
Respiratory Rate
The number of breaths a person takes per minute; a vital sign that reflects breathing rate and is an indicator of a person's respiratory health.
Minute Ventilation
The volume of air breathed in or out of the lungs in one minute, important for respiratory function assessment.
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