Calculate and interpret the two revenue variances, Financial Accounting

Consider the following 2008 data for Newark General Hospitals (in millions of dollars

Simple Budget_______Flexible Budget_ Actual Budget__

Revenue______$4.7$____4.8_____$4.5____...

Cost___________4.1___4.1 ___4.2_______

Profit__________0.6____0.7____ 0.3______

a Calculate and interpret the two revenue variances

b-Calculate and interpret the two revenue variances

c-Calculate and interpret the two cost variances

d-How are the variances related?

Posted Date: 3/29/2013 2:35:15 AM | Location : United States







Related Discussions:- Calculate and interpret the two revenue variances, Assignment Help, Ask Question on Calculate and interpret the two revenue variances, Get Answer, Expert's Help, Calculate and interpret the two revenue variances Discussions

Write discussion on Calculate and interpret the two revenue variances
Your posts are moderated
Related Questions
Explain the mechanism that states use to prevent the double taxation of the income of a corporation doing business in two or more states.

On its December 31, 2010 balance sheet, Emig Corp. reported bonds payable of $6,000,000 and related unamortized bond issue costs of $320,000. The bonds had been issued at par. On J

Q. Show Advantages of financial intermediation? The advantages of financial intermediation are as follows Investors are able to pool their funds in a bank deposit account to


How do I treat with Expenses Outstanding, for example, Marketing Expenses outstanding at year end is $1250. How do I adjust?. It is a note under the trial balance.

how do we calculate bonus issu4 and rights issue

Q. Credit Reference Agencies and Credit Scoring ? A several organisations example Dun & Bradstreet and Standard & Poor provide credit scores and ratings for companies. These ma

Tyler Smith has worked in an upholstery shop for 10 years. Tyler's wages were $20,000. Lately, Tyler has been unhappy with the shop's owner. Convinced that he could run an upholste

limitations of the balance sheet

Q. Explain bonus or capitalisation issues? A rights issue is a approach of raising finance via the issue of shares to existing equity shareholders. Consecutively to make such a