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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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