Question
Question 1: You are presented with the following information: Budget Actual Sales volume (units) 5,000 5,500 Sales revenue ($) 50,000 52,250 Variable cost ($) 25,000
Question 1:
- You are presented with the following information:
|
| Budget | Actual |
| Sales volume (units) | 5,000 | 5,500 |
| Sales revenue ($) | 50,000 | 52,250 |
| Variable cost ($) | 25,000 | 27,500 |
| Contribution margin ($) | 25,000 | 24,750 |
Task
Calculate sales variances to better explain the difference between the budgeted and actual contribution margins.
- Identify any two instances when a manager should investigate cost variances.
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Auditing Cloud Computing A Security And Privacy Guide
Authors: Ben Halpert
1st Edition
0470874740, 978-0470874745
