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Key Bank Held a Party

Question 50

Multiple Choice

Key Bank held a party.Key Bank expected attendance of 100 people and prepared the following budget: Key Bank held a party.Key Bank expected attendance of 100 people and prepared the following budget:   One hundred people attended the party.The following costs were incurred:   What is the variance for the cost of food? A) $215 Unfavorable B) $240 Favorable C) $215 Favorable D) $240 Unfavorable One hundred people attended the party.The following costs were incurred:
Key Bank held a party.Key Bank expected attendance of 100 people and prepared the following budget:   One hundred people attended the party.The following costs were incurred:   What is the variance for the cost of food? A) $215 Unfavorable B) $240 Favorable C) $215 Favorable D) $240 Unfavorable What is the variance for the cost of food?


A) $215 Unfavorable
B) $240 Favorable
C) $215 Favorable
D) $240 Unfavorable

Correct Answer:

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