The Alpha Beta Gamma Fraternity held a Christmasparty. The fraternity expectedattendance of 200 persons and prepared the following budget: Hotelroom rental $600 Food 500 Entertainment 800 Decorations 300 Totals $2,200 Afterall bills for the party were paid, the total came to $2,315. Details are: $575 for hotel room rental; $640for food; $750 for entertainment; and $350 for decorations. Two hundred persons attended the party. Whatis the variance in hotel room rental? A: $70 unfavorable is the hotel room rental variance. B: $70 favorable is the hotel room rental variance. C: $25 favorable is the hotel room rental variance. D: $140 unfavorable is the hotel room rental variance.
The Alpha Beta Gamma Fraternity held a Christmasparty. The fraternity expectedattendance of 200 persons and prepared the following budget: Hotelroom rental $600 Food 500 Entertainment 800 Decorations 300 Totals $2,200 Afterall bills for the party were paid, the total came to $2,315. Details are: $575 for hotel room rental; $640for food; $750 for entertainment; and $350 for decorations. Two hundred persons attended the party. Whatis the variance in hotel room rental? A: $70 unfavorable is the hotel room rental variance. B: $70 favorable is the hotel room rental variance. C: $25 favorable is the hotel room rental variance. D: $140 unfavorable is the hotel room rental variance.
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