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Salem Restaurants budgeted 5,100 covers to be served in May, and the budgeted price per...

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Question

Accounting

Salem Restaurants budgeted 5,100 covers to be served in May, and the budgeted price per cover was $10.50. The variance analysis shows that the company's actual sales revenue was $50,500 in May. Given this information, what is the budget variance of sales revenue in May?

Group of answer choices

a.$3,050 (U)

b. $4,600 (F)

c. $4,160 (U)

d. $5,200 (F)

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