The actual information pertains for the month of August.As part of the budgeting process,Alloway developed the following static budget for August.Alloway is in the process of preparing the flexible budget and understanding the results.

The actual information pertains for the month of August.As part of the budgeting process,Alloway developed the following static budget for August.Alloway is in the process of preparing the flexible budget and understanding the results.

The actual information pertains for the month of August.As part of the budgeting process,Alloway developed the following static budget for August.Alloway is in the process of preparing the flexible budget and understanding the results.

The following information applies to Medical Company:

Sales:3000000 €

Net income:750000€

Investment:6000000€

The Weighted average cost fo capital is 10%

What are respectively the ROI and RI of this company?

Françoise,the owner of a small restaurant in Pontoise,is comparing the budget for the past year to the actuals for that year.The static budget shows 80 000 € of sales for 16 000 meals to make,but the actual sales were 83 000 € for 17 000 meals made.Thease data indicate:

Larsen company sells items for 35$ each and used a budgeted selling price of 35$ per unit.Actual units sold were 50 000,while budgeted units sold were 48 000.Actual variable costs are 250 000$,budgeted variable costs were 216 000$.Actual fixed cost amounts to 48 000$,whereas the company budgeted for fixed costs of 50 000$.

What is the static budget variance of variables costs ?