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(10 pts) The Costner Company held a party. The company expected an attendance of 100 people
and prepared the following budget: One hundred people attended the party. The costs incurred
were: What is the variance for total costs and it's favorable or unfavorable? What is the primary
reason for the variance in total costs?

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  • 1. (10 pts) The Costner Company held a party. The company expected an attendance of 100 people and prepared the following budget: One hundred people attended the party. The costs incurred were: What is the variance for total costs and it's favorable or unfavorable? What is the primary reason for the variance in total costs?