Multiple Choice
If budgeted sales revenue is $220 000 and actual sales revenue is $200 000, and budgeted expenses are $115 000 and actual expenses are $135 000, the profit variance for the period is:
A) $20 000 F.
B) $20 000 U.
C) $40 000 F.
D) $40 000 U.
Correct Answer:
Verified
Correct Answer:
Verified
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