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Question 2 a) Volume Rate ...

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Question

Accounting

Question 2

a)

Volume Rate Revenue
Plan Actuals Plan Actuals Plan Actuals
AGA 1000 1200 $ 56.00 $ 63.33 $ 56,000 $ 76,000
Mobile Phone % 80% 90%
Mobile Phone 800 1080 $ 65.00 $ 68.00 $ 52,000 $ 73,440
Tablets 200 120 $ 20.00 $ 21.33 $ 4,000 $ 2,560
AGA Var $ 20,000
How to explain variance (highlighted)
1 how much is from 200 more volume
2 how much is from higher Mobile Phone %
3 how much is from higher rate

b)

Volume Rate Revenue
Plan Actuals Plan Actuals Plan Actuals
AGA 1000 1200 $ 52.00 $ 56.00 $ 52,000 $ 67,200
Mobile Phone % 80% 90%
Mobile Phone 800 1080 $ 60.00 $ 60.00 $ 48,000 $ 64,800
Tablets 200 120 $ 20.00 $ 20.00 $ 4,000 $ 2,400
AGA Var $ 15,200
How to explain total AGA variance (highlighted)?
1 Out of $15,200 how much is from 200 more volume
2 Out of $15,200 how much is from higher Mobile Phone %

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