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For the first week of March, the Ocean Convention Center budgeted for 5,800 room nights at an average room rate of $125. Actual room nights
For the first week of March, the Ocean Convention Center budgeted for 5,800 room nights at an average room rate of $125. Actual room nights for the week totaled 6,000 with an average room rate of $120.
The volume variance for the week was: a. $24,000 unfavorable. b. $25,000 unfavorable. c. $24,000 favorable. d. $25,000 favorable.
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