The cellular phone division of Stegall Company had budgeted sales of $950,000 and actual sales of...

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The cellular phone division of Stegall Company had budgeted sales of $950,000 and actual sales of $900,000. Budgeted expenses were $600,000 while actual expenses were $550,000. Based on this information, the responsibility report for the manager of this profit center would show: Multiple Choice A favorable revenue variance. A favorable cost variance. Both a favorable revenue variance and a favorable cost variance. None of these. The cellular phone division of Stegall Company had budgeted sales of $950,000 and actual sales of $900,000. Budgeted expenses were $600,000 while actual expenses were $550,000. Based on this information, the responsibility report for the manager of this profit center would show: Multiple Choice A favorable revenue variance. A favorable cost variance. Both a favorable revenue variance and a favorable cost variance. None of these.

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