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Donn Luxury Resort has just received a utility expense of $45,000. However, the utility expense for Donn was budgeted as $38,700. Calculate the relative variance

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Donn Luxury Resort has just received a utility expense of $45,000. However, the utility expense for Donn was budgeted as $38,700. Calculate the relative variance of the utility expense for Donn by indicating the variance condition (favorable or unfavorable). 15.45% (F) 16.28% (U) O 16.28% (F) 0 15.45% (U)

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