The Beagle Rescue Project had a labor cost budget of $174,000 for the year. Staff...
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Accounting
The Beagle Rescue Project had a labor cost budget of $ for the year. Staff costs related to grooming, feeding, walking, and so varies in direct proportion to the number of dogs based on an hourly rate of $ They estimate that staff time per dog is hours. In its budget this year, they plan to rescue dogs, but they actually rescued dogs. The staff average cost turned out to be $ per hour. Staff worked a total of hours.
Task:
In Excel, create a budget to actual presentation of each line item including calculations of total expenses, dollar and percent variances, and favorable or unfavorable labels for each. Overall, in a few sentences, what does the variance analysis suggest?
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