The Findlay Company held an IndependenceDay party. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 400 Entertainment 800 Decorations 300 Totals $2,100 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 food?
The Findlay Company held an IndependenceDay party. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 400 Entertainment 800 Decorations 300 Totals $2,100 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 food?
The Findley Company held a Groundhog Dayparty. The company expected attendanceof 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. Whichof the following costs deserves further examination assuming the FindleyCompany uses the management-by-exception rule?
The Findley Company held a Groundhog Dayparty. The company expected attendanceof 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. Whichof the following costs deserves further examination assuming the FindleyCompany uses the management-by-exception rule?
The Gotcha Company held a Christmasparty. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 500 Entertainment 800 Decorations 300 Totals $2,200After all bills for the party were paid, thetotal came to $2,315. Details are: $575for hotel room rental; $640 for food; $750 for entertainment; and $350 fordecorations. Two hundred personsattended the party. Whatis the main reason for the unfavorable total budget variance? A: Hotel room rent is the main reason. B: Food is the main reason. C: Entertainment is the main reason. D: Decorations are the main reason.
The Gotcha Company held a Christmasparty. The company expected attendanceof 200 persons and prepared the following budget: Hotelroom rental $600 Food 500 Entertainment 800 Decorations 300 Totals $2,200After all bills for the party were paid, thetotal came to $2,315. Details are: $575for hotel room rental; $640 for food; $750 for entertainment; and $350 fordecorations. Two hundred personsattended the party. Whatis the main reason for the unfavorable total budget variance? A: Hotel room rent is the main reason. B: Food is the main reason. C: Entertainment is the main reason. D: Decorations are the main reason.
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.