Revenue Variance

From LinkedAUB Collab
Revision as of 17:28, 27 January 2014 by Sfg02 (talk | contribs) (Created page with "{{Learning concept |Description=The difference between how much the revenue should have been, given the actual level of activity, and the actual revenue for the period. A favo...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

Description

The difference between how much the revenue should have been, given the actual level of activity, and the actual revenue for the period. A favorable (unfavorable) revenue variance occurs because the revenue is higher (lower) than expected, given the actual level of activity for the period.

Concept Prerequisite

Wikipedia Reference

Learning Material

Covered in Topic(s)

 
Flexible Budgets and Overhead Analysis