Question: Modified from text Table 1.2 To calculate the performance report of advertising revenue at the Daily News for March 2021, below are the relevant information

Modified from text Table 1.2

To calculate the performance report of advertising revenue at the Daily News for March 2021, below are the relevant information

Actual

Budget

Advertising pages sold

24

29

Average rate per page

23

50

Advertising revenue

552

1450

What is the performance or technically, type of variance for advertising revenue at the Daily News in the month of March 2021? Enter number 1 for favourable variance and enter number 2 for unfavourable variance.

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