Question: Examining the chart below, what could be a possible explanation for the TOTAL variance? Category Budget Amount Actual Amount $ Variance Wages $200,000 $220,000 $20,000
Examining the chart below, what could be a possible explanation for the TOTAL variance? Category Budget Amount Actual Amount $ Variance Wages $200,000 $220,000 $20,000 Travel $10,000 $0.00 ($10,000) Training $15,000 $15,000 $0.00 Supplies $1,000 $100 ($900) TOTAL $226,000 $235,100 $9,100 Examining the chart below, what could be a possible explanation for the TOTAL variance? Category Budget Amount Actual Amount $ Variance Wages $200,000 $220,000 $20,000 Travel $10,000 $0.00 ($10,000) Training $15,000 $15,000 $0.00 Supplies $1,000 $100 ($900) TOTAL $226,000 $235,100 $9,100 I saved the company money. I went over budget by $9,100 I saved the company $10,000 on travel I saved the company by not spending so much on supplies
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