Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6. For Jan 20 the details for revenue budget : 2m from sales of equiupments, 1m on milestone completion and 3m contracted run rate For

image text in transcribed

6. For Jan 20 the details for revenue budget : 2m from sales of equiupments, 1m on milestone completion and 3m contracted run rate For Jan20 the details for actuals are : 1m from sales of equipments ( 1m has been declined), 0.6m on milestone completed in Jan20 and 0.4 to be achieved in Feb 20,3m contracted run rate Please categorise between timing variance, trading variance and one off: a) 1.4m Trading variance b) 1m one off, 0.4m Timing Variance c) 1m Trading variance, 1m Timing variance d) 1m Trading Variance, 0.4m Timing variance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Rethinking Clinical Audit Psychotherapy Services In The NHS

Authors: Rachael Davenhill, Matthew Patrick

1st Edition

0415162084, 978-0415162081

More Books

Students also viewed these Accounting questions

Question

Use a three-step process to develop effective business messages.

Answered: 1 week ago