Professional Documents
Culture Documents
Activity
Use
the
sample
budget
document
in
D2L
to
answer
the
following
questions.
Question
1
[3
pts]
a. What
is
the
year
to
date
actual
total
revenue?
b. What
is
the
year
to
date
budgeted
total
revenue?
c. What
is
the
variance
between
a
and
b?
d. Is
this
variance
considered
in
the
red
or
black?
Question
2
[3
pts]
a. What
is
the
year
to
date
actual
employee
expense
in
wages?
b. What
is
the
year
to
date
budgeted
employee
expense
in
wages?
c. What
is
the
variance
between
a
and
b?
d. Is
this
variance
considered
in
the
red
or
black?
Question
3
[4
pts]
a. What
is
the
year
to
date
actual
subtotal
operating
expense?
b. What
is
the
year
to
date
budgeted
subtotal
operating
expense?
c. What
is
the
variance
between
a
and
b?
d. Is
this
variance
considered
in
the
red
or
black?
e. What
expense
is
not
included
in
this
subtotal
operating
expense
that
contributes
to
the
total
operating
expense?
Question
4
[3
pts]
a. To
date,
is
this
facility
operating
at
a
profit
or
loss?
[Grand
Total
Profit/Loss]
(not
budgeted)
b. Based
on
your
answer
for
4a,
how
large
is
the
variance
from
the
budgeted
profit/loss?
Question
5
[2.5
pts]
a. Based
on
the
line
item
entries,
what
is
the
largest
debited
item
(specify
in
dollar
amount)?
b. Part
of
what
series?
c. What
entry
date?
Question
6
[2.5
pts]
a. Based
on
the
line
item
entries,
what
is
the
largest
credited
item
(specify
in
dollar
amount)?
b. Part
of
what
series?
c. What
entry
date?
Question
7
[3
pts]
a. Based
on
the
line
item
entries,
what
total
dollar
amount
was
spent
on
uniforms
and
laundry?
Question
8
[4
pts]
a. Based
on
the
line
item
entries,
what
total
dollar
amount
was
spent
on
Maintenance
&
Repairs?