The Cellular Phone Division of Stegall Company Had Budgeted Sales

Multiple Choice

The cellular phone division of Stegall Company had budgeted sales of $950,000 and actual sales of $900,000.Budgeted expenses were $600,000,while actual expenses were $550,000.Based on this information,the responsibility report for the manager of this profit center would show:

A) A favorable revenue variance.
B) A favorable cost variance.
C) Both a favorable revenue variance and a favorable cost variance.
D) None of these answers are correct.