Calculate the marketing expense variance, if the actual marketing expense and marketing expenses estimated in the plan are $98,000 and $80,000, respectively. The actual percentage of sales is 15%.
A) $27,000
B) $1,800
C) $2,700
D) $18,000
E) $270,000

Question

Quizplus · Accepted Answer

The marketing expense variance is calculated as the difference between the actual marketing expense and the planned marketing expense: $98,000 - $80,000 = $18,000.

Calculate the Marketing Expense Variance, If the Actual Marketing Expense