To calculate the performance report of advertising revenue at the Daily News for March 2021, below are
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Question:
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 | 20 |
Average rate per page | 47 | 46 |
Advertising revenue | 1128 | 920 |
Required
What is the performance of the Daily News in the month of March 2021? Enter the maximum percentage of variance (enter only the number in two decimal places but without a % sign) in the answer space below. Note that 'maximum' refers to absolute values.
Related Book For
Managerial Accounting An Integrative Approach
ISBN: 9780999500491
2nd Edition
Authors: C J Mcnair-Connoly, Kenneth Merchant
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