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Budget'Activity'

Use$the$sample$budget$document$in$D2L$to$answer$the$following$questions.$
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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?$
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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?$
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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?$
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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?$
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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?$
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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?$
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Question$7$[3$pts]$
a. Based$on$the$line$item$entries,$what$total$dollar$amount$was$spent$on$uniforms$
and$laundry?$
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Question$8$[4$pts]$
a. Based$on$the$line$item$entries,$what$total$dollar$amount$was$spent$on$
Maintenance$&$Repairs?$

b. In$reference$to$8a,$what$does$FF&E$stand$for$in$budgeting?$
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