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A partial planning budget for Latin Co. is shown below: h = 4,000 hours Sales ($30h) $120,000 Expenses: Cost of Goods Sold ($15h) ($60,000) Rent
A partial planning budget for Latin Co. is shown below: h = 4,000 hours Sales ($30h) $120,000 Expenses: Cost of Goods Sold ($15h) ($60,000) Rent ($20,000) ($20,000) If actual hours worked were 3,900, and total sales were $118,000, what is the revenue variance for sales? A. $1,000 Unfavorable B. $2,000 Favorable O C. $2,000 Unfavorable D. $1,000 Favorable
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