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The marketing expense for BFenn Event Company was budgeted as $17,500. However, the actual expense is $15,000. Calculate the relative variance of the marketing expense

The marketing expense for BFenn Event Company was budgeted as $17,500. However, the actual expense is $15,000. Calculate the relative variance of the marketing expense for BFenn Retail Company by indicating the variance condition (favorable or unfavorable).

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