MC Qu. 8-73 Which of the following statements is... Item to Classify Sales Revenue Wages S&A Expenses Cost of Goods Sold Standard 820,000 125,000 400,000 608,000 Actual 835,000 128,000 408,000 600,000 Which of the following statements is incorrect? Multiple Choice O The cost of goods sold variance is favorable. O The S&A expense variance is favorable. O The sales revenue variance is favorable. . The wage expense variance is unfavorable