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For the first week of May, the Carlisle Club budgeted for 600 rooms at an average room rate of $65. Actual rooms for the week
For the first week of May, the Carlisle Club budgeted for 600 rooms at an average room rate of $65. Actual rooms for the week totaled 400 with an average room rate of $70. The price variance for the week was (a) __________; and the volume variance for the week was (b) __________.
A. (a) $7,000; (b) $500
B. (a) $3,000; (b) $6,500
C. (a) $3,000; (b) $13,000
D. (a) $4,000; (b) $4,000
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