Reason for the unfavorable total budget variance
Course:- Accounting Basics
Reference No.:-

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Accounting Basics

After all bills for the party were paid, the total came to $2,315. Details are $575 for hotel room rental, $640 for food, $750 for entertainment, and $350 for decorations. 100 persons attended the party. What is the main reason for the unfavorable total budget variance?

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Accounting Basics) Materials
Watch the "Types of Power" tutorial at the end of your lecture, and write a 300-500 word essay about what you learned from the video. Answer the following questions: type of
Ace Industries has current assets equal to $3 million. The company's current ratio is 1.5, and its quick ratio is 1.0. What is the firm's level of current liabilities? What
Does a corporation recognize a gain or loss when it distributes property as a dividend or in a redemption? My text just goes on and on regarding these topics. Is there a ref
How is this information useful to you from a managerial perspective? Explain your reasoning and support your conclusions with the numbers you have pulled out for the compari
lthough the directors have the general power to manage the company, power to carry out certain functions is given to the shareholders either in general meeting or by written
A rational auditor would stop audit work when the total cost is a minimum. However, it is apparent that auditors are ‘risk-averse' and they perform more work than is necessa
Suppose that clerical error-either Whitley's or the supplier's-is the common root cause of the non-value-added activities. For each non-value-added activity, ask a series of
A company has a retention rate of 50%, sales of $25,000, beginning equity of $50,000 and profit margins of 10%, an asset turnover ratio of .75 and debt of $10,000. What is i