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Which of the Following Statements Is Incorrect?
A) the Cost

Question 74

Multiple Choice

 Item to Classify  Starddard  Actual  Sales Reveruse 820,000835,000 Wages 125,000128,000 S&A Expenses 400,000408,000 Cost of Goods Sold 608,000600,000\begin{array} { l r c } \text { Item to Classify } & \text { Starddard } & \text { Actual } \\\text { Sales Reveruse } & 820,000 & 835,000 \\\text { Wages } & 125,000 & 128,000 \\\text { S\&A Expenses } & 400,000 & 408,000 \\\text { Cost of Goods Sold } & 608,000 & 600,000\end{array} Which of the following statements is incorrect?


A) The cost of goods sold variance is favorable.
B) The S&A expense variance is favorable.
C) The sales revenue variance is favorable.
D) The wage expense variance is unfavorable.

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