Key Bank held an Independence Day party.Key Bank expected attendance of 100 persons and prepared the following budget: After all bills for the party were paid, the total came to $2,315.Details are: $575 for hotel room rental; $640 for food; $750 for entertainment; and $350 for decorations.One hundred persons attended the party. What is the variance in food?
A) $70 unfavorable is the food variance.
B) $70 favorable is the food variance.
C) $25 favorable is the food variance.
D) $240 unfavorable is the food variance.
Correct Answer:
Verified
Q93: Reviewing the output of the department is
Q94: Product and service process design is the
Q95: The Flintstone Company held a Groundhog
Q96: The Bluto Fraternity held a Homecoming
Q97: The Hola Company held a Christmas
Q99: Research and development is the function of
Q100: Production is the function of a value
Q101: Which of the following products have a
Q102: Customer service is the function of a
Q103: Product life cycles _.
A)are the same for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents