Examlex

Solved

The Findley Company Held a Groundhog Day Party After All Bills for the Party Were Paid, the Total

question 110

Multiple Choice

The Findley Company held a Groundhog Day party. The company expected attendance of 200 persons and prepared the following budget:  Hotel room rental $600 Food 500 Entertainment 800 Decorations 300 Totals $2,200\begin{array}{ll}\text { Hotel room rental } & \$ 600 \\\text { Food } & 500 \\\text { Entertainment } & 800 \\\text { Decorations } & \underline{300} \\\text { Totals } & \underline{\$ 2,200}\end{array} After all bills for the party were paid, the total came to $2,315. Details are: $575 for hotel room rental; $640 for food; $750 for entertainment; and $350 for decorations. Two hundred persons attended the party. Which of the following costs deserves further examination assuming the Findley Company uses the management- by- exception rule?


Definitions:

Related Questions