Variance Analysis

  1. Calculate the variance analysis and (2) then analyze the findings. Besides the mathematical calculations of
    the problem, students must analyze the data and also submit an analysis of 250-500 words stating what could
    have been implemented for a more cost effective strategy in managing the environment. Do not create a
    variance analysis on your own, follow the formula and the variance numbers provided to resolve the problem.
  2. Slides 6-8-10 in an earlier example powerpoint display the process calculating each step of the Variance
  3. Should the manager have done anything differently in order to better control the budget? If so, what should
    have she/he done?

Sample Solution