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GoodMad_ GoodMad_
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7 years ago
The following two items are from Marcia White's "Dining Out" expense category:
(1)   January monthly variance = $25 (favorable);
(2)   February cumulative variance = -$10 (unfavorable).
If Marcia budgeted $85 a month for this activity, we know that she
A) has not budgeted properly.
B) can bring the activity back within budget by spending $85 in March.
C) spent $60 in January and $120 in February.
D) spent $60 in January and $95 in February.
Textbook 
Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
Author:
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bzapianbzapian
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GoodMad_ Author
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#2
7 years ago
I'll mark it solved, you deserve it
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