Which of the following budgeted revenues has an unfavourablevariance?

Cash sales $50,000, actual cash sales $70,000

Rent$4,000, actual rent revenue $4,000

Interest$2,000, actual interest revenue $1,400

Dividends $7,500,actual dividends revenue $8,500

T.Bailey Ltd is planning to purchase equipment costing $45,000.The planned delivery date is 11April with settlement on that date.on17January,T.BaileyLtd paid a deposit of $15,000.The amount that will appear in the cash budget for the quarter ending 31March is:

outflow of $15,000

outflow of $45,000

outflow of $30,000

$0. No cash flows are recorded until settlement date

From the following data calculate the estimated cash received from credit sales during the month of May.Credit sales forMarch,$25,000;April,$30,000;May,$18,000.Creditsales are normally settled in the following pattern: 50% in the month of sale, 40% in the month following the sale, and 10% in the second month following the sale.

$23,500

$9,000

$12,000

$21,000

Which of the following budgeted expenses has a favourablevariance?

Advertising $30,000,actual advertising $40,000

Telephone $4,000,actual telephone $3,700

Salary and wages $52,000,actual salary and wages $56,000

Interest $500,actual interest $500