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