Question: 2 . 1 Complete all empty cells in the programme s budget tables below using the information already provided: 1 . Use the top table
Complete all empty cells in the programmes budget tables below using the information already provided:
Use the top table to calculate the actual cost versus the budgeted cost of the planning project, which is now complete.
Use the bottom table to calculate the revised budget variance and budget variance percent for the open projects as well as all empty cells for the reserve and total rows.
For all variance percent values, show precision to two decimals, ie round off to two decimal places.
The reserve represents the difference between the projects selling price budget and the cost of the four projects, ie this is the possible surplus that can be earned as gross profit from the project
What is the remaining budget to complete the project? Show your calculations. Max lines
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
