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Author Question: A manager budgeted $60,000 in revenue and a 20% beverage cost for an accounting period. The manager ... (Read 808 times)

Evvie72

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Question 1

A manager budgeted $3000 for repair expense. The manager's actual repair expense was $3450. What was this manager's variance percentage for repair expense?
◦ 5%
◦ 10%
◦ 15%
◦ 20%

Question 2

A manager budgeted $60,000 in revenue and a 20% beverage cost for an accounting period. The manager achieved $60,000 in revenue for the period but generated a 22% beverage cost. What was the dollar amount of the manager's beverage cost variance?
◦ $9000
◦ $10,000
◦ $11,000
◦ $12,000


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Marked as best answer by Evvie72 on Aug 15, 2020

akemokai

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