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After all bills for the party were paid, the total came to $2,315. Details are $575 for hotel room rental, $640 for food, $750 for entertainment, and $350 for decorations. 100 persons attended the party. What is the main reason for the unfavorable total budget variance?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9449000

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