Answer:
Eastern District: Adelson Inc.
Budget Performance Report
For the Year Ended December 31, XX
Actual Static Variance
<u>results budget </u>
Sales salaries $818,880 $819,840 -$960
System adm. salaries $447,720 $448,152 -$432
Customer service salaries $183,120 $152,600 $30,520
Billing salaries $98,100 $98,760 -$660
Maintenance $273,000 $271,104 $1,896
Depreciation of P & E $92,232 $92,232 $0
Insurance and prop. taxes $41,400 $41,280 $120
Total $1,954,452 $1,923,968 $30,484
Explanation:
A budget performance report shows how the actual costs and/or revenues perform according to the planned budget. A negative sign on the variance column shows a favorable variance (lower costs or higher revenues), while a positive sign shows an unfavorable variance (higher costs or lower revenues).
