Pexura731 Corporation conducts get-rich-quickly workshops and uses two measures of activity, classes and students, in the cost formulas in its internal financial and operating reports. The cost formula for workshops is $450 per month plus $105 per class plus $25 per student. Pexura731 expected its activity in January to be 15 classes and 125 students, but the actual activity was 9 classes and 108 students. (ID#92589) The actual cost for workshops in January was $4,450. Q) What was Pexura731's spending variance for workshops in January?

355 (Unfavorable)

Explanation:

Budgeted Cost for Actual Output = $450 + ($105 * Actual No of Classes) + ($28 *Actual No of Student)

Budgeted Cost for Actual Output = $450 + ($105*9) + ($25*108)

Budgeted Cost for Actual Output = $450 + $945 + $2,700

Budgeted Cost for Actual Output = $4,095

Actual Cost for Actual output = $4,450

Spending Variance = Actual Cost for Actual output - Budgeted cost for Actual Output

Spending Variance = $4,450 - $4,095

Spending Variance = 355 (Unfavorable)

It is Unfavorable as actual expenditure is more than what is budgeted.

answer; i believe that the correct answer is ( owners investment)