Budgets and performance evaluation goal create an excel

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Reference no: EM13580884

Budgets and Performance Evaluation Goal: Create an Excel spreadsheet to prepare a performance report, and use the results to answer questions about your findings. Scenario: Beta Alpha Psi, the accounting honorary fraternity, has asked you to prepare a performance report about a homecoming party that it recently held. The background data for Beta Alpha Psi%u2019s performance report appears in the Fundamental Assignment Material 1- A2. When you have completed your spreadsheet, answer the following questions:

1. Based on the formatting option used in the exercise, do the negative variances represent amounts that are over or under budget?

2. Which cost/ costs changed because the number of attendees increased?

3. Did the fraternity stay within the budgeted amount for food on a per person basis?

Reference no: EM13580884

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