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Budget Budgeted Actual Actual quantity Quantity Output 500 450 Sales (@$5/widget) $2,500 $2,700 Raw materials (@$2/metre) $1,000 500 metres $900 420 metres Labour(@$20/hour) $1,000
Budget Budgeted Actual Actual quantity Quantity Output 500 450 Sales (@$5/widget) $2,500 $2,700 Raw materials (@$2/metre) $1,000 500 metres $900 420 metres Labour(@$20/hour) $1,000 50 Hours $810 45 hours Fixed overhead $200 $250 Net profit $300 $740
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Core Concepts of Accounting Information Systems
Authors: Mark G. Simkin, Jacob M. Rose, Carolyn S. Norman
12th edition
1118022300, 978-1118022306
