What the responsibility report for the manager of profit

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Problem 1: The cellular phone division of Stanton Company had budgeted sales of $800,000 and actual sales of $950,000. Budgeted expenses were $600,000 while actual expenses were $650,000. Based on this information, the responsibility report for the manager of this profit center would show:

a. A favorable revenue variance.
b. Both a favorable revenue variance and a favorable cost variance.
c. Budgeted sales of $950,000.
d. A favorable cost variance.

Reference no: EM132806600

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