Compare expenses. What is the between year 3 actual and year 3 budgeted? Use the dietary...
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Compare expenses. What is the between year 3 actual and year 3 budgeted? Use the dietary percent difference to calculate the remaining areas. Only the final percent is needed, not the division. Format the percentages with one number past the decimal point. Negative numbers are enclosed in parentheses. Include the % symbol at the end. Item Dietary Maintenance Laundry Housekeeping Total Year 3 Budget 652,450 375,100 65,000 1,150,575 2,243,125 Year 3 Actual 625,300 390,431 62,880 1,162,914 2,241,525 Percent difference 652,450-625,300 /652,450=0.0416; 4.2% 9.3% -4.1% 3.3% -1.1% QUESTION 3 What type of trend is evident from the expense comparison in the previous question and why. Select the best answer. A. Overall, this is a negative trend because there is a negative percentage for one of the results. B. This is a postive trend because there are four positive numbers and only one negative number. C. This is a negative trend because more money was budgeted than was spent. D. This is a positive trend because the aggregate percent is positive, taking volume into consideration. Compare expenses. What is the between year 3 actual and year 3 budgeted? Use the dietary percent difference to calculate the remaining areas. Only the final percent is needed, not the division. Format the percentages with one number past the decimal point. Negative numbers are enclosed in parentheses. Include the % symbol at the end. Item Dietary Maintenance Laundry Housekeeping Total Year 3 Budget 652,450 375,100 65,000 1,150,575 2,243,125 Year 3 Actual 625,300 390,431 62,880 1,162,914 2,241,525 Percent difference 652,450-625,300 /652,450=0.0416; 4.2% 9.3% -4.1% 3.3% -1.1% QUESTION 3 What type of trend is evident from the expense comparison in the previous question and why. Select the best answer. A. Overall, this is a negative trend because there is a negative percentage for one of the results. B. This is a postive trend because there are four positive numbers and only one negative number. C. This is a negative trend because more money was budgeted than was spent. D. This is a positive trend because the aggregate percent is positive, taking volume into consideration.
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259565403
5th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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