Question
St. Patrick Hotel is a small hotel in downtown Calgary. The budgeted operating income is $1,340,000 at the end of 2020. However, the actual operating
St. Patrick Hotel is a small hotel in downtown Calgary. The budgeted operating income is $1,340,000 at the end of 2020. However, the actual operating income totalled only $1,410,000.
Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Enter the variances as positive values. a) What is the total static budget variance? $Answer AnswerFavourableUnfavourable b) Assume the flexible budget operating income was $1,210,000. Determine total sales-volume variance. $Answer AnswerFavourableUnfavourable c) Refer to part (b), determine the total flexible budget variance. $Answer AnswerFavourableUnfavourable
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