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Kalamazoo Zoo Case Study Variance type actual budget Variance amount Favorable/unfavorabl Revenue variance 850,000 820,000 30,000 favorable Expenditure variance 1,070,000 820,000 250.000 unfavorable Revenue Variance Actual quantity Budgeted quantity Budgeted price Variance Favorable/ unfavorable quantity 10,000 15,000 $8.00 S40.000 Unfavorable Revenue Variance Actual price Budgeted price Actual quantity Variance Favorable/ unfavorable Price 10,000 $20,000 Favorable.