Looking at the operating expenses for Aspirations, the lifestyle brand, you notice year-to-date marketing expense variance of ($700). What does this mean?

Question 9 Looking at the operating expenses for Aspirations, the lifestyle brand, you notice year-to-date marketing expense variance of ($7001 What does this mean? The company is doing better at marketing than expected The company spent $700 lesson marketing than budgcted O The company spent $700 more on marketing than budgeted O Cannot determine without more information Question 10 While analyzing the variance report for Aspirations, the lifestyle company, you notice a year-to-date variance of $280 in labor expense. How do you interpret this? The company spent $20 less than budgeted in labor O The company spent $280 more than budgeted in labor The company k using labor more efciently than planned The hourly labor rate was lower than expected Question 11 Reviewing the year-to-date variance report for Aspirations, the lifestyle brand, you notice that net income varies by ($118). That seems pretty close to budget, especially since total revenue is more than $1000 behind plan. Which of the following contributed to offsetting the big miss in revenue? O Cross margin percentage was better than forecasted o Operating expenses were lower than budgeted O Both of the above o Neither of the above Question 12 You notice a gross margin percentage variance of 7%. This means O you are making more gross proht per unit than budgeted O you are making less gross profit per unit than budgeted your net profit margin will increase by 7% O your net pront marginwil decrease by 7%