The following two items are from Marcia White's "Dining Out" expense category:
1) January monthly variance = $25 (favorable);
(2) February cumulative variance = -$10 (unfavorable).
If Marcia budgeted $85 a month for this activity, we know that she
A)
spent $60 in January and $95 in February.
B)
spent $60 in January and $120 in February.
C)
can bring the activity back within budget by spending $85 in March.
D)
has not budgeted properly.
B
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Complete the horizontal analysis of Soopy's Used Cars. (Round all percentages to the nearest tenth of a percent.)
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Indicate whether the statement is true or false