QUESTION 45 - Practical Activity The following is a typical Variance Report. Complete the table,...
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QUESTION 45 - Practical Activity The following is a typical Variance Report. Complete the table, analyse the results and comment on the variance report. VARIANCE REPORT DEPARTMENT SALES AND ADMINISTRATION BUDGET ACTUAL VARIANCE % VARIANCE R 100 000 R140 000 ITEM SALES REVENUE Product A Product B TOTAL COSTS Wages -R3 000 -10% R30 000 R12 000 R15 000 R35 000 R12 000 -R5 000 R1 000 Marketing Telephone Office equipment Printing Sundry TOTAL PROFIT R20 000 R3 000 R2 000 R20 000 R4 000 -R1 000 R43 000 60.47% QUESTION 29 - Reflective Questioning Why is it important that the movement of office supply is monitored and correctly reported
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