The Alpha Beta Gamma Fraternity Held a Christmas Party After All Bills for the Party Were Paid, the Total

The Alpha Beta Gamma Fraternity held a Christmas party. The fraternity expected attendance of 200 persons and prepared the following budget: $\begin{array}{ll}\text { Hotel room rental } & \$ 600 \\\text { Food } & 500 \\\text { Entertainment } & \$ 00 \\\text { Decorations } & \underline{300} \\\text { Totals } & \$ 2,200\end{array}$ 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 variance in hotel room rental?

A) $140 unfavorable is the hotel room rental variance.
B) $70 favorable is the hotel room rental variance.
C) $70 unfavorable is the hotel room rental variance.
D) $25 favorable is the hotel room rental variance.