Mr MacDonald owns a farm that produces early crops by growing them in large polythene tunnels. Complete
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Mr MacDonald owns a farm that produces early crops by growing them in large polythene tunnels. Complete the following budget report for March by calculating the variances and indicating whether they are favourable or adverse.
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MacDonald's Farm Ltd Budget report for March Budget Actual Variance Income Strawberries 25,000 24,500 Blueberries 18,000 17,200 Raspberries 19,000 19,600 62,000 61,300 Expenditure Salaries 28,400 29,000 Expenses 12,500 12,000 Administration 1,800 1,700 Miscellaneous 700 300 43,400 43,000 Profit for the period 18,600 18,300
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