Question

A man budgeted $200 a month for clothing. This month the man spent $150 on clothing therefore that budget item is considered to have:.

Answer 1

The budget item spent on clothing  is considered to have a budget variance.

What is budget variance?

A budget variance is the difference between the budgeted expense or revenue, and the actual amount.

The budget variance is favorable when the actual revenue is higher than the budget or when the actual expense is less than the budget.

Hence, the budget item is considered to have a budget variance.

Learn more about budget variance here : brainly.com/question/13287252

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