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A fraternity held a party. The fraternity prepared the following budget for 25 expected attendees: Room rental $150 Food 250 Entertainment 150 Decorations 75 Total

A fraternity held a party. The fraternity prepared the following budget for 25 expected attendees:

Room rental

$150

Food

250

Entertainment

150

Decorations

75

Total Costs

$625

Twentyfive

people attended the party. The following costs were incurred:

Room rental

$240

Food

320

Entertainment

125

Decorations

75

Total Costs

$760

What is the variance for total costs?

A.

$135 Favorable

B.

$70 Unfavorable

C.

$90 Unfavorable

D.

$135 Unfavorable

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