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The Mad Hatters Card Club has budgeted revenues of $180,000 for the month of December. The exceptional warm weather and clear skies in Wonderland helped
The Mad Hatters Card Club has budgeted revenues of $180,000 for the month of December. The exceptional warm weather and clear skies in Wonderland helped the operation to generate $225,000 in revenues. What are the absolute variance and the relative variance?
Group of answer choices
$45,000 and 25%
25% and $45,000
$90,000 and 20%
20% and $90,000
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