Budgeting at eBay

• Values:

• Budgeted Sales: $60,000,000
• Actual Sales: $55,000,000
• Budgeted Expenses: $35,000,000
• Actual Expenses: $33,000,000
• Requirements:

0. Calculate the sales and expense variances for eBay.
1. Analyze the variances and their impact on profitability.
2. Discuss the importance of budgeting in e-commerce.
3. Suggest strategies to improve budgeting accuracy.