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Which of the following budgeted expenses has a favourable variance a. Electricity $2 000, actual electricity $2 400 b. Telephone $4 000, actual telephone $3

Which of the following budgeted expenses has a favourable variance

a.

Electricity $2 000, actual electricity $2 400

b.

Telephone $4 000, actual telephone $3 700

c.

Interest $500, actual interest $500

d.

Salary and wages $52 000, actual salary and wages $56 000

e.

Advertising $30 000, actual advertising $40 000

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