Fran Powers created the following budget and reported the actual spending listed. Calculate the variance for each
Question:
Transcribed Image Text:
Actual $298 334 982 134 231 Budgeted $360 Variance Deficit/Surplus Item Food Transportation Housing Clothing 320 950 110 275 Personal
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (8 reviews)
Food 62 surplus trans...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
Sean and Karen sat down months ago and created the following budget for their wedding: Ceremony (officiator fee, marriage licence) . $400 Reception (location, food, drinks, rentals, cake, favours) .....
-
Fran Bowen created the following budget: Food, $350.................................................. Clothing, $100 Transportation, $320 ......... Personal expenses and recreation, $275 Housing,...
-
The City of Graftons records reflected the following budget and actual data for the General Fund for the fiscal year ended June 30, 2012. 1. Estimated revenues: Taxes (Property) ..... $3,000,000...
-
An opera glass has an objective lens of focal length +3.60 cm and a negative eyepiece of focal length -1.20 cm. How far apart must the two lenses be for the viewer to see a distant object at 25.0 cm...
-
What criteria may induce a firm to choose a dodger strategy over a contender strategy, and vice versa?
-
Compute each of the following. 300% of 80
-
Refer to the sample statistics from Exercise 5 and determine whether any of the house prices below are unusual. Explain your reasoning. (a) $225,000 (b) $80,000 (c) $200,000 (d) $147,000 Data from...
-
M/PF Research, Inc. lists the average monthly apartment rent in some of the most expensive apartment rental locations in the United States. According to their report, the average cost of renting an...
-
How can I enhance this statement, to include the following skillsets/professional skills/generic skills, how can i quantify my skills? Throughout my nineteen years of experience providing customer...
-
The observed baseline vector components in meters between two control stations are (3814.244, 470.348, 1593.650). The geocentric coordinates of the control stations are (1,162,247.650, 4,655,656.054,...
-
For the following situations, calculate the cash surplus or deficit: Cash Outflows $3,306 $4,803 Cash Inflows Difference (surplus or deficit) $3,460 $4,693 $4,287 $4,218
-
If Samantha Jones had the following itemized deductions, should she use Schedule A or the standard deduction? The standard deduction for her tax situation is $6,200. Donations to church and other...
-
Consider the percentage change in stock price of the most active issues traded on the NASDAQ stock exchange, as shown in Table 3.9.3. In Table 3.9.3 a. Construct a histogram of this data set. b....
-
DomCo, a domestic corporation, is a wholly - owned subsidiary of HKco, a Hong Kong corporation. The U . S . does not have a tax treaty with Hong Kong, but both the U . S . and Hong Kong do have a...
-
On September 3 0 , Valerian Company had a $ 1 0 6 , 0 0 0 balance in Accounts Receivable. During October, the company collected $ 1 0 6 , 3 9 0 from its credit customers. The October 3 1 balance in...
-
The purchase of supplies of $ 1 , 1 3 0 on account was recorded as a debit to Office Equipment and a credit to Supplies. Prepare the entry to reverse the original entry first. If an amount box does...
-
January 1 : Beginning Balance 1 0 0 , 0 0 0 shares. April 1 : Issued 3 0 , 0 0 0 for cash. July 1 : Buyback 2 3 , 0 0 0 shares. November 1 : Issued 1 5 , 0 0 0 shares for cash. On December 3 1 the...
-
1. What is the Sample Regression Equation? y x1 x2 x3 x4 x5 109000 0.19 133 7300 85.44003745 66.595 155000 0.41 13 18700 136.7479433 6.705 86060 0.11 0 15000 122.4744871 0.055 120000 0.68 31 14000...
-
Find a basis of solutions by the Frobenius method. Try to identify the series as expansions of known functions. Show the details of your work. xy" + 2y' + 4xy = 0
-
Why can wastewater treatment requirements in Hawaii be less stringent than those in most locations on the U.S. mainland?
-
The Superior Insurance Company of Maine recently advertised the following discounts for qualified drivers: 10 percent discount to drivers who have not had an accident in the past 7 years 15 percent...
-
Keith and Dena Diem have personal property coverage with a $250 limit on currency, a $1,000 limit on jewelry, and a $2,500 limit on gold, silver, and pewter. They do not have a personal property...
-
Keith and Dena Diem have personal property coverage with a $250 limit on currency, a $1,000 limit on jewelry, and a $2,500 limit on gold, silver, and pewter. They do not have a personal property...
-
A consultant advises that a fund pays out $100,000 at the end of 5 years. Provided $12,000 is invested in the fund at the start of each year, beginning immediately and continuing up to and including...
-
Durco Automotive needs a $2 million balance in its contingency fund 3 years from now. The chief financial officer (CFO) wants to know how much to deposit now into Durco's high-yield investment...
-
3. Create a chart for gross margin less R&D and capital costs calculations. a. Calculate gross margin less R&D and capital costs for options A and B. b. Graph total gross margin less R&D and capital...
Study smarter with the SolutionInn App