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What was the total revenue variance

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Reference no: EM132505556

Your employer wants to help support a local charity that receives various donations and converts them into cash to be used for charitable purposes. In reviewing their previous year's records, you noted that they budgeted receipt of 300 items but actually received one third more than expected. The charity then sold the items for $2,700 each, which was 10% below the budgeted price.

  • What was the total revenue variance?
  • Was it favorable or unfavorable?
  • Based on your analysis, what is your recommendation for this administrative practice in the following year?

Reference no: EM132505556

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