• 2021-04-14
    The Animal House Fraternity held ahomecoming party. The fraternityprepared the following budget for 50 expected attendees: Roomrental $150 Food 250 Entertainment 150 Decorations 75 Totals $625 After all bills for the party were paid, thetotal came to $760. Details are: $140for room rental; $320 for food; $125 for entertainment; and $175 fordecorations. Fifty persons attended theparty. Whatis the main reason for the unfavorable total budget variance?
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