Plan revenue = 3000 Plan costs = 2000 Actual revenue = 1200 Actual costs = 1000

Plan revenue = 3000 Plan costs = 2000 Actual revenue = 1200 Actual costs = 1000
A . Revenue 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billing) = 300
B . Revenue 1500; Cost of sales = 1000; Revenue surplus = 200
C . Revenue1500; Cost of sales = 1000; Revenue surplus = 300
D . Revenue 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billing) = 200

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Answer: D