Question

help no idea how to figure out these variables

TOTAL INCOME 60,586 [Prior Quarter) Var +/- 65,586 Budget Projection Next Q 5,000 5,000 Costs and Expenses Advertising Operating expense Var % 4,831 4,758 1.69 an TOTAL EXPENSES 9,589 10,000 Page 1 of 1 90 words TX Ennlehin ett

Answer 1

Cost and Expenses	Prior Quarter	Budget projection Next quarter	Variance (+/-)	Variance %
Advertising	4,831	5,000	+ 169 (5,000 – 4,831)	+ 3.498% (169/4,831)
Operating Expenses	4,758	5,000	+ 242 (5,000 – 4,758)	+ 5.086% (242/4,758)
Total Expenses	9,589	10,000	+ 411 (10,000 – 9,589)	+ 4.286% (411/9,589)

Variance is computed as difference between the expenses in the two quarters.

Variance % is computed as percentage of change to the original number, i.e. variance/ old quarter.

Total variance would be aggregated sum of variance of individual expenses. However, Variance % being not in number cannot be computed by aggregating the variance % of individual items as shown above.