What is the budget variance

Reference no: EM131507546

Question: Using the same information in E9.3, answer the following about the sales revenue:

a. What is the budget variance? Is it favorable or unfavorable?

b. What is the price variance? Is it favorable or unfavorable?

c. What is the sales volume variance? Is it favorable or unfavorable?

E9.3: A motel had budgeted an occupancy of 8,000 rooms with a selling price of $82 per room and a variable housekeeping cost of $4.40 per room. Actual data indicated that a total of 8,480 rooms were sold at an average selling price of $77 per room and the actual cost of housekeeping per room was $4.90 per room. Answer the following about the housekeeping costs:

a. What is the budget variance? Is it favorable or unfavorable?

b. What is the cost variance? Is it favorable or unfavorable?

c. What is the quantity volume variance? Is it favorable or unfavorable?

Reference no: EM131507546

Questions Cloud

Analyze video game-type interfaces : Analyze video game-type interfaces and discuss three (3) reasons why video game-type interfaces would not be effective for real-world applications.

What is the cost variance : A motel had budgeted an occupancy of 8,000 rooms with a selling price of $82 per room and a variable housekeeping cost of $4.40 per room.

Description of firm and representative competitor : Select a U.S.-based publicly traded firm of your choice (your focus firm); using NAICS Codes and the Securities Exchange Commission's (SEC) EDGAR Search Tools

Explain the importance of swa : Explain the importance of SwA.Provide details not only about SwA but also how these principles help maintain secure coding for use by federal government agency.

What is the budget variance : Using the same information in E9.3, answer the following about the sales revenue: What is the budget variance? Is it favorable or unfavorable?

Determine optimal design of health care delivery channels : Referring to the same health care provider, determine the optimal design of health care delivery channels. Explain your rationale.

Research one of the many varieties of mass wasting : Research one of the many varieties of mass wasting. Explain how it works, what type of material is involved, and that type of movement

Analyze the types of challenges companies face : Analyze the types of challenges companies face in managing their channels and determine which is the most difficult to address. Explain your rationale.

Create your outline for the literature review : Create (and share) your outline for the literature review. Share the purpose statement and key topics that will be discussed in your literature review.

User Account

All Pages