BUSN 278 Week 6 Assignment 1 | Devry University
- Devry University / BUSN 278
- 10 Nov 2021
- Price: $7
- Accounting & Economics Assignment Help / Finance
BUSN 278 Week 6 Assignment 1 | Devry University
Week 6: Lab Assignment
Variance Analysis reports (chapter 8, text) can be prepared to examine the difference between budgeted and actual figures for:
a. Production in terms of cost, quantity and quality
b. Sales
c. Profit
d. Income per sales dollar
e. Growth rate
Requirements: Complete the following variance analysis report.
Variance Analysis Report | Actual | Budget | Variances |
REVENUE | 320,000 | 318,750 | |
Direct Expense (variable) | 101,000 | 100,000 | |
Allocated general expenses (fixed) | 78,000 | 80,000 | |
Allocated service expenses: | | | |
Department 1 | 20,500 | 20,000 | |
Department 2 | 65,000 | 62,500 | |
Department 3 | 101,500 | 100,000 | |
TOTAL EXPENSES | | | |
NET INCOME | | | |
USA 
India