complete the exam. Question 1 A company budgeted the following amounts for the following line items in their financial statements. At year-end they compared the budgeted amounts to what they actually incurred. Budgeted Actual $21,500 Sales Interest Revenue Cost of Goods Sold Selling Expenses Administrative Which item Sales and Administrative Expenses Interest Revenue and Selling Expenses $21,000 Sales and Selling Expenses 650 2,300 1,500 450 ble have favorable master budget variances? 600 Interest Revenue and Administrative Expenses 2,400 1,500 400 6 pts