Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per...
Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per birth. For the month of August, the company planned for activity of 118 births, but the actual level of activity was 116 births. The actual wages and salaries for the month was $44,120. The wages and salaries in the planning budget for August would be closest to:
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$44,881
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$42,648
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$43,344
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$44,120
Homework Answers
C. $43,344
Cost = Fixed cost + (Variable cost per unit × q) = $2,280 + ($348 × 118) = $43,344
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Cardero Midwifery's cost formula for its wages and salaries is $2,280 per month plus $348 per...
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