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Homers Doughnut Shop budgeted $28,000 for revenue in September. If actual sales amounted to $29,420 and the threshold for significance is $500, what is the

Homers Doughnut Shop budgeted $28,000 for revenue in September. If actual sales amounted to $29,420 and the threshold for significance is $500, what is the actual to budget revenue variance for September?

Answers:

A. $1,420 favorable, insignificant

B. $1,420 favorable, significant

C. $1,420 unfavorable, insignificant

D. $1,420 unfavorable, significant

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