I posted this activity in May for teachers to use as part of a revision lesson but its also ideal to use at the start of a Year 2 lesson as a bellwork activity, ensuring that students are re-capping Year 1 topics and concepts
This activity is on budgets/ variance analysis. In order that teachers can use this in lessons, the answers have been posted in our Edexcel and AQA A Level Business Teacher Facebook Groups. You can access the answers using the link below (if you are not a member of the group then you can join when you click on the link)
Budgets and Variance Analysis Activity
Below is a table showing the budgeted and actual income for a restaurant that also offers takeaways
Calculate the total actual expenditure for February
Calculate the total profit variance for January and February stating whether it is adverse or favourable
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