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June 5, 2015 at 7:58 pm
at the last part of lecture, why are we getting the variance from budgeted production – sales (8700 – 8000= 700)? and not the actual (8900 – 8400 = 500). the example we use in previous chapter is taking from actual.
June 5, 2015 at 8:18 pm
sorry, i got it. its because we are working on “budget profit”.
June 1, 2015 at 3:45 pm
700*15=10500, where did we get the 700 from?
I know 56000-45500=10500.
I just don’t get the 700
October 31, 2013 at 2:53 pm
brilliant OP you are very helpful
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