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What is their textbook expense variance

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Question - The Santa Fe High School had an actual expense of $100,000 for textbooks for fall 2020. Their budget had expected to have an enrollment of 340 students who would each have needed 7 books at a cost of $50 each book. What is their textbook expense variance?

A. 15,500 F

B. 15,500 U

C. 19,000 F

D. 19,000 U

Reference no: EM133078468

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