Question: INSTRUCTIONS: ANSWER ALL ITEMS IN YOUR OWN ANSWER SCRIPT AND SCANNED THEN SUBMIT CN DROPBOX FAA SUBMISSIONS. A motel had budgeted an occupancy of 8,000

 INSTRUCTIONS: ANSWER ALL ITEMS IN YOUR OWN ANSWER SCRIPT AND SCANNED

INSTRUCTIONS: ANSWER ALL ITEMS IN YOUR OWN ANSWER SCRIPT AND SCANNED THEN SUBMIT CN DROPBOX "FAA SUBMISSIONS". A motel had budgeted an occupancy of 8,000 rooms with a selling price of RM82 per room and a variable housekeeping cost of RM4.40 per room. Actual data indicated that a total of 8,480 rooms were sold at an average selling price of RM77 per room and the actual cost of housekeeping per room was RM4.90 per room, Required: (a) Calculate the variance for the housekeeping cost, and indicate if it is favourable or unfavourable: (6 marks) Budget variancc. ii. Cost variance. iii. Quantity volume variance. (b) Calculate the variance for the sales revenue, and indicate if it is favourable or unfavourable: (6 marks) i. Budget variance. ii. Cost variance. iii. Sales volume variance

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