Boost your Grades with us today!


Refer to Problem 8.4. Assume the results reported in that problem hold, except that a difference existed among budgeted, static enrollment and realized enrollment. The corrected results are:

a. Construct Carroll’s flexible budgets for 2004. (Hint: Because of a change in enrollment, creating three flexible budgets is necessary. See the note to Table 8.7.)

b. What are the profit variance, revenue variance, and cost variance?

c. Focus on the revenue side. What is the volume variance? The price variance? Break the volume variance into enrollment and utilization components. How does your answer here differ from your corresponding answer to Problem 8.4.

d. Now consider the cost side. What are the volume and management varances? Break down the management variance into labor, supplies, and fixed costs variances.

e. Break down the labor variance into rate and efficiency components.

f. Break down the supplies variance into price and usage components.

g. Interpret your results. In particular, focus on the differences between the variance analysis here and the one in Problem 8.4.


15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.