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Accounting

Critique a Variance Report

The Terminator Inc. provides on-site residential pest extermination services. The company has several mobile teams who are dispatched from a central location in company-owned trucks. The company uses the number of jobs to measure activity. At the beginning of April, the company budgeted for 100 jobs, but the actual number of jobs turned out to be 105. A report comparing the budgeted revenues and costs to the actual revenues and costs appears below:

2160_How well revenues and costs were controlled during April.png

Required:

Is the above variance report useful for evaluating how well revenues and costs were controlled during April? Why, or why not?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9474294

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