Complete a performance report for the month of May,2014,for Times Corp,a regional newspaper showing four columns: 1)Actual Result; 2)Budgeted Amount; 3)Difference: Actual Result minus Budgeted Amount; 4)Difference as a Percentage of Budgeted Amount,given the following data:
$$\begin{array} { | l | l | }
\hline \text { Actual pages sold } & 550 \
\hline \text { Budgeted advertising pages } & 500 \
\hline \text { Actual Advertising revenue } & \$ 4,200,000 \
\hline \text { Budgeted Advertising revenue } & \$ 4,000,000 \
\hline
\end{array}$$ Does the report indicate any cause for managerial investigation?

Question

Complete a performance report for the month of May,2014,for Times Corp,a regional newspaper showing four columns: 1)Actual Result; 2)Budgeted Amount; 3)Difference: Actual Result minus Budgeted Amount; 4)Difference as a Percentage of Budgeted Amount,given the following data:
 $$\begin{array} { | l | l | } 
\hline \text { Actual pages sold } & 550 \
\hline \text { Budgeted advertising pages } & 500 \
\hline \text { Actual Advertising revenue } & \$ 4,200,000 \
\hline \text { Budgeted Advertising revenue } & \$ 4,000,000 \
\hline
\end{array}$$ Does the report indicate any cause for managerial investigation?

Quizplus · Accepted Answer

The Answer of Complete a performance report for the month of May,2014,for Times Corp,a regional newspaper showing four columns: 1)Actual Result; 2)Budgeted Amount; 3)Difference: Actual Result minus Budgeted Amount; 4)Difference as a Percentage of Budgeted Amount,given the following data:
 $$\begin{array} { | l | l | } 
\hline \text { Actual pages sold } & 550 \
\hline \text { Budgeted advertising pages } & 500 \
\hline \text { Actual Advertising revenue } & \$ 4,200,000 \
\hline \text { Budgeted Advertising revenue } & \$ 4,000,000 \
\hline
\end{array}$$ Does the report indicate any cause for managerial investigation?

Complete a Performance Report for the Month of May,2014,for Times