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Q 2 : Flexible budget variance analysis The Arcadian Hotel operates a budgeting system and budgets expenditure over eight budget centres as shown below. Analysis
Q: Flexible budget variance analysis
The Arcadian Hotel operates a budgeting system and budgets expenditure over eight budget centres as shown below. Analysis of past expenditure patterns indicates that variable costs in some budget centres vary according to Occupied Room Nights ORN whilst in others the variable proportion of costs varies according to the number of visitors
The budgeted expenditures for a period with ORN and are as follows:
tabletableBudget centreincludes:tableVariable costsvary with:tableBudgetedexpendituretablePartialcostanalysis
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