What was the total revenue variance

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Reference no: EM131903818

1. The Lehman College expected to have 140 students in HAS 304 in spring and fall 2017.

Actually, there are 175 students. The college had expected to receive, on average, $ 1,500 per students, after taking scholarship into account.The college received an average of $ 1,300.

a. What was the total revenue variance?

b. Was it favorable or unfavorable?

c. What are the two types of subvariances that caused the total variance?

Reference no: EM131903818

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