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Analyze the sales revenue and production cost variances for La Ptisserie Franaise using the following data: Budgeted Sales Revenue: 150,000 Actual Sales Revenue: 145,000 Budgeted
Analyze the sales revenue and production cost variances for La Pâtisserie Française using the following data:
- Budgeted Sales Revenue: €150,000
- Actual Sales Revenue: €145,000
- Budgeted Production Cost: €100,000
- Actual Production Cost: €105,000
Calculate the sales revenue variance and production cost variance, and discuss possible reasons for the variances.
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