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I don't understand. Thanks! 5. At the end of January, Supreme Catering prepared the following budget for the upcoming month of February estimating that they
I don't understand.
Thanks!
5. At the end of January, Supreme Catering prepared the following budget for the upcoming month of February estimating that they would serve 3000 people: Sales revenue per guest $20 Variable costs per guest $8 Total fixed costs $5000 During February, there were 2700 guests actually served. Actual costs incurred were $27 000 for variable costs and $6500 for fixed costs. Each guest was charged $20. Supreme Catering's flexible budget variance for February would show a variance of: * 6900 U 6900 F 10500 U 10500 FStep by Step Solution
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