3 Please help me my last final, I need the answer as quick as possible...
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Accounting
3 Please help me my last final, I need the answer as quick as possible only have 1 hour
Complete the variance analysis table below by: calculating the variance $ calculating the variance % to 2 decimal places indicating whether the variance is Favourable (F) or Unfavourable (U) I = ITEM VARIANCE FAVOURABLE (F) BUDGET ACTUAL PREDICTION RESULT VARIANCE $ or UNFAVOURABLE (U) Cartage out 500 550 Rent expense 15,000 12,900 Electricity expense 2,500 2,500 Credit sales 65,000 55,000 Fees revenue 145,000 150,000 Computer purchases Account receivable collections 20,000 13,400 11,500 1 B I EE % S3 ITEM VARIANCE FAVOURABLE (F) BUDGET ACTUAL VARIANCE PREDICTION RESULT or % UNFAVOURABLE (U) Cartage out 500 550 15,000 12,900 Rent expense Electricity expense 2,500 2,500 Credit sales 65,000 55,000 150,000 Fees revenue Computer purchases Account receivable collections 145,000 20,000 13,400 11,500 5,000 Loan repayment Drawings by owner 3,000 7,000 8,000


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