Question: I need help with E9.4 based on the info listed on 9.3 E9.3 A motel had budgeted an occupancy of 8,000 rooms with a selling

E9.3 A motel had budgeted an occupancy of 8,000 rooms with a I need help with E9.4 based on the info listed on 9.3

E9.3 A motel had budgeted an occupancy of 8,000 rooms with a selling price of $82 per room and a variable housekeeping cost of $4.40 per room. Actual data indicated that a total of 8,480 rooms were sold at an average selling 6 CHAPTER 9 OPERATIONS BUDGETING price of $77 per room and the actual cost of housekeeping per room was $4.90 per room. Answer the following about the housekeeping costs: E9.4 Using the same information in E9.3, answer the following about the sales revenue: a. What is the budget variance? Is it favorable or unfavorable? b. What is the price variance? Is it favorable or unfavorable? c. What is the sales volume variance? Is it favorable or unfavorable

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