Question
Spending less than budgeted for maintenance costs will result in a(n) ________ variance. When actual revenues exceed budgeted revenues, this results in a(n) ________ variance.
Spending less than budgeted for maintenance costs will result in a(n) ________ variance. When actual revenues exceed budgeted revenues, this results in a(n) ________ variance.
a). favorable; favorable
b). unfavorable; unfavorable
c). unfavorable; favorable
d). favorable; unfavorable
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
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