Given Actual Expected Advertising 54,000
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Question:
Given | Actual | Expected | |
Advertising | 54,000 | 50,700 | |
Office Supplies | 20,000 | 21,700 | |
Wages | 618,000 | 656,000 | |
Wages Overtime | 92,000 | 97,000 | |
Based on the data, which actual expense differed the most | |||
from expectations? | |||
Hint: define "differed" as the absolute value of: | |||
[ (Actual - Expected) / Expected ]. | |||
Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078025662
10th edition
Authors: Ronald Hilton, David Platt
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