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What is the textbook total expense variance

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Question - Burnham Elementary School spent $100,000 on textbooks for the fall 2019 semester. It had expected to have a total enrollment of 450 students each of whom needed four books at a cost of $65 per book. What is the textbook total expense variance? Do not include the dollar sign ($) in your answer. Also is this variance favorable or unfavorable? Why?

Reference no: EM133046905

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