Management recently instituted a new training program for upper level managers. they budgeted the cost of the new program at $1,000 per employee trained but actual costs were $1,250 per employee trained. the difference between the budgeted cost for training and the actual cost of training is called a:

Respuesta :

The difference between the actual and budgeted cost is termed the variance. In this case, that variance shows that the training program ran over budget by $250 per employee.