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ʎddɐɥ ʎddɐɥ
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7 years ago
The following budget performance report 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 net income variance?
A) $   130 unfavorable.
B) $2,470 unfavorable.
C) $2,470 favorable.
D) $   130 favorable.
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hol23hol23
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7 years ago
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ʎddɐɥ Author
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7 years ago
Good timing, thanks!
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Thanks for your help!!
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