14. Discuss and identify if the following hypothetical scenarios meet the definition of a budget variance...

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14. Discuss and identify if the following hypothetical scenarios meet the definition of a budget variance keeping in mind what the definition of a budget variance is (see above under definitions): 1. Our budgeted dollar amount for ROI (Release of Information) revenue for this year was $2,000.00, but the actual dollar amount made was $2,200.00. Would this be a budget variance? Please tell me why it would be a budget variance or why it would not be a budget variance. 2. Our budgeted dollar amount for coding books was $500.00 this year, but the publisher raised their prices and the books ended up costing $640.00. Would this be considered a budget variance? Please tell me why it would be a budget variance or why it would not be a budget variance. 14. Discuss and identify if the following hypothetical scenarios meet the definition of a budget variance keeping in mind what the definition of a budget variance is (see above under definitions): 1. Our budgeted dollar amount for ROI (Release of Information) revenue for this year was $2,000.00, but the actual dollar amount made was $2,200.00. Would this be a budget variance? Please tell me why it would be a budget variance or why it would not be a budget variance. 2. Our budgeted dollar amount for coding books was $500.00 this year, but the publisher raised their prices and the books ended up costing $640.00. Would this be considered a budget variance? Please tell me why it would be a budget variance or why it would not be a budget variance.