Sam prepared a monthly budget and budgeted $250 a month for wages earned at his part-time job.At the end of the first month when he added up his pay stubs,he found he earned only $200.His budget will show a(n)_____.

Question

Quizplus · Accepted Answer

An unfavorable variance occurs when actual income is less than budgeted income, so since Sam earned $50 less than he budgeted, it's an unfavorable variance of $50.

Sam Prepared a Monthly Budget and Budgeted $250 a Month