Epsilon Technology Scenario Variance Analysis Data Epsilon Technology set the following budget and reported actual results for the year Budgeted Sales Revenue $1,000,000 Actual Sales Revenue $900,000 Budgeted Variable Costs $400,000 Actual Variable Costs $380,000 Fixed Costs $200,000 Requirements Calculate the sales variance, variable cost variance, and fixed cost variance for Epsilon Technology Analyze the variances and discuss their implications on financial performance Recommend corrective actions based on the variance analysis to improve profitability

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Question: Epsilon Technology Scenario: Variance Analysis Data: Epsilon Technology set the following budget and reported actual results for the year: Budgeted Sales Revenue: $1,000,000 Actual Sales

Epsilon Technology

Scenario: Variance Analysis

Data: Epsilon Technology set the following budget and reported actual results for the year:

Budgeted Sales Revenue: $1,000,000
Actual Sales Revenue: $900,000
Budgeted Variable Costs: $400,000
Actual Variable Costs: $380,000
Fixed Costs: $200,000

Requirements: Calculate the sales variance, variable cost variance, and fixed cost variance for Epsilon Technology. Analyze the variances and discuss their implications on financial performance. Recommend corrective actions based on the variance analysis to improve profitability.

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