Answer:
option d: 25% unfavorable
Step-by-step explanation:
The budget is $40, and it was spent $50, so as the amount spent was higher than the budget, we have a unfavorable percent of variance.
The amount spent more than the budget was:
50 - 40 = 10
Now to calculate the percent of variance, we divide the value spent more than the budget (10) by the value of the budget (40)
Percent of variance = 10 / 40 = 0.25 = 25%
So the answer is 25% unfavorable, option d
