83) At the end of 20x1, SWP Corporation prepared its master budget for 20x2.Selected amountsfrom that budget,

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83) At the end of 20x1, SWP Corporation prepared its master budget for 20x2.Selected amountsfrom that budget, along with actual results for 20x2, are presented below:BudgetedActualSales$180,000$210,000Research and development cost25,00020,000 Interest revenue7,6007,000Cost of goods sold60,00065,000Marketing costs45,00045,000The research and development cost variance could be explained by:a) Starting too many projectsb) Cost increases due to new information technologiesc) Efficient cost managementd) Higher salaries

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83) At the end of 20x1, SWP Corporation prepared its master budget for 20x2.Selected amountsfrom that budget,

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