Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
Perry's Sandwich Department had the following summarized results for the month ending April 30:

-If the budget were based on the sale of 13,000 sandwiches at $2.00 each and the actual results reflect the sale of 13,000 sandwiches, identify the most appropriate conclusion in the report to management

A) If costs as a percentage of revenues had remained at the budgeted level, net income would have declined
B) If costs as a percentage of revenues remain at the actual level any increase in revenues would probably . be matched by a decrease in departmental net income
C) If costs as a percentage of revenues had remained at the budgeted level, net income would be $492 above budget
D) If costs as a percentage of revenues had remained at the budgeted levels, net income would be $4,000 above budget