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1. 2. 3. 4. Eikasia Limited budgeted for sales of $40,000 for the month of December. Actual sales in December were $42,500. Calculate the %

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Eikasia Limited budgeted for sales of $40,000 for the month of December. Actual sales in December were $42,500. Calculate the % variance to 2 decimal places, using a negative sign if the variance is unfavourable (the absence of a negative sign will indicate a favourable variance). Eikasia Limited budgeted for a profit before interest and tax of $3,500 for the month of December. The actual profit before interest and tax was a favourable variance of 8% Calculate, to the nearest whole dollar, the actual profit before interest and tax. Eikasia Limited reported an actual expense for cost of sales of $35,000 for the month of December. This resulted in an unfavourable variance of $2,500. Calculate the absolute value of the % variance to one decimal place. Tetarto Limited is formulating its master budget for the December quarter and presents the following data: Monthly sales data: August $33,000 September $45,000 October $41,000 November $56,000 December $68,000 Based on previous experience, these sales are expected to be collected as follows:: 80% in the month of sa 15% in the month after sale 5% in the second month after sale Required Calculate, to the nearest dollar, the amount expected to be collected from customers in October

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