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Renas Plc has the following budgeted and actual information for a department: Budget Actual Level of activity (units) 1,100 1,300 Total costs $19,000 $20,000 Required:
Renas Plc has the following budgeted and actual information for a department:
Budget Actual
Level of activity (units) 1,100 1,300
Total costs $19,000 $20,000
Required:
Assuming $11,000 of the budgeted costs are fixed costs and the remainder are variable costs, has Renas Plc performed better or worse than expected?
Budget Actual
Level of activity (units) 1,100 1,300
Total costs $19,000 $20,000
Required:
Assuming $11,000 of the budgeted costs are fixed costs and the remainder are variable costs, has Renas Plc performed better or worse than expected?
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Operational Auditing For Management Control
Authors: Edward F Norbeck
1st Edition
0814451853, 978-0814451854
