At the End of 2009, SWP Prepared Its Master Budget

Multiple Choice

At the end of 2009, SWP prepared its master budget for 2010. Selected amounts from that budget, along with actual results for 2010, are presented below: Which items in the table have unfavorable variances?

A) Marketing expense and cost of goods sold
B) Cost of goods sold and sales
C) Interest revenue and research and development expense
D) Interest revenue and cost of goods sold