Develop an actual budget from the past three months. Develop an actual budget using the past...
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Develop an actual budget from the past three months. Develop an actual budget using the past information and your financial records you complied and submitted in the previous activity steps. Assume the following information: Variances of 10% are not considered unusual. The actual income is as follows: Account Income Food sales Beverage sales Catering fees Total income Month 1 36,500 23,000 10,000 69,500 Month 2 35,800 24,500 10,200 70,500 Month 3 34,000 21,000 7,200 62,200 Develop an actual budget from the past three months. Develop an actual budget using the past information and your financial records you complied and submitted in the previous activity steps. Assume the following information: Variances of 10% are not considered unusual. The actual income is as follows: Account Income Food sales Beverage sales Catering fees Total income Month 1 36,500 23,000 10,000 69,500 Month 2 35,800 24,500 10,200 70,500 Month 3 34,000 21,000 7,200 62,200
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Related Book For
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor
Posted Date:
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