Solved

The Gotcha Company Held a Christmas Party After All Bills for the Party Were Paid, the Total

Question 6

Multiple Choice

The Gotcha Company held a Christmas party. The company expected attendance of 200 persons and prepared the following budget:  Hotel room rental $600 Food 500 Entertainment $00 Decorations 300 Totals $2,200\begin{array}{ll}\text { Hotel room rental } & \$ 600 \\\text { Food } & 500 \\\text { Entertainment } & \$ 00 \\\text { Decorations } & 300 \\\text { Totals } & \$ 2,200 \\\end{array} 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. Two hundred persons attended the party. What is the main reason for the unfavorable total budget variance?


A) Hotel room rent is the main reason.
B) Entertainment is the main reason.
C) Food is the main reason.
D) Decorations are the main reason.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents