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ʎddɐɥ ʎddɐɥ
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7 years ago
The following was provided for Brushes, Inc.:

   Budget   Actual
   Sales   $ 10,700   $ 9,400
   Cost of goods sold         6,420   5,828
   Gross profit   4,280   3,572
   Selling and administrative         3,210   2,632
   Net income   1,070   940
What is the gross profit variance?
A) $1,892 favorable.
B) $   708 favorable.
C) $1,892 unfavorable.
D) $   708 unfavorable.
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hol23hol23
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7 years ago
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