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Assume the actual quantity is 10,000 guests, the actual price is $2.20/guest, the budgeted quantity is 8,000 guests, and the standard price is $2.50/guest. Calculate
Assume the actual quantity is 10,000 guests, the actual price is $2.20/guest, the budgeted quantity is 8,000 guests, and the standard price is $2.50/guest. Calculate the quantity variance. Select one: a. $5,000 U b. $2,000 F c. $5,000 F d. $2,000 U
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