If Budgeted Profit Is $11,000, Favourable Variances Are $3,100 and Unfavourable

question 54

Multiple Choice

If budgeted profit is $11,000, favourable variances are $3,100 and unfavourable variances are $7,450, actual profit (loss) is:

• A)$21,550 profit.
• B)$15,350 profit.
• C)($450)loss.
• D)$6,650 profit.