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Need filling the blank and an analysis report Budget and Actual income statement. Quarter 2 2000 Prepare a variance analysis report based on the information
Need filling the blank and an analysis report Budget and Actual income statement. Quarter 2 2000 Prepare a variance analysis report based on the information in Exhibit 2. Formulas and approach: variance analysis formula. Total revenue variance = AR - ER Revenue decomposition: Revenue = Price per unit' Quantity of units sold (R = P Q) Quantity Efficiency variance: variance = (AO - EQ)'EP Price Rate variance: variance = (Ap - EP)'AQ Decompose the information above into Revenue Quantity & Rate. Consultant Quantity and Rate, and Billing %. Conduct a variance for each to determine which factors were Favorable or Unfavorable. Budget and Actual income statement. Quarter 2 2000 Prepare a variance analysis report based on the information in Exhibit 2. Formulas and approach: variance analysis formula. Total revenue variance = AR - ER Revenue decomposition: Revenue = Price per unit' Quantity of units sold (R = P Q) Quantity Efficiency variance: variance = (AO - EQ)'EP Price Rate variance: variance = (Ap - EP)'AQ Decompose the information above into Revenue Quantity & Rate. Consultant Quantity and Rate, and Billing %. Conduct a variance for each to determine which factors were Favorable or Unfavorable
Need filling the blank and an analysis report
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