Teaching Budgets and Variance Analysis in Business Qualifications
Explore resources and activities like "this.webinar.20.mins" and "Dont Tell the Bride" that introduce the concepts of budgets and variance analysis in business education. Engage in activities like "Calculate the total profit variance" to practice analyzing budgeted versus actual profits. Find more resources and join discussions in AQA and Edexcel FB groups for A Level Business Teachers.
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Presentation Transcript
This webinar20 mins A resources/ activity that can be used when teaching budgets and variance analysis Suitable for all Business qualifications
Dont Tell the Bride Don t Tell the Bride can be used to introduce concept of budgets as well as allowing teachers to deliver some basic variance analysis the
Calculate the total profit variance for January and February stating whether it is adverse or favourable
Calculate the total profit variance for January and February stating whether it is adverse or favourable 1,600 F Budgeted Profit for Jan = 800 Actual Profit for Jan = 1,850 Budgeted Profit for Feb = 1,750 Actual Profit for Feb = 2,300 Total Budgeted Profit = 2,550 Total Actual Profit = 4,150
Todays Resources & Any Questions The resources from this webinar will be posted in our AQA and Edexcel FB group (search AQA A Level Business Teachers/ Edexcel A Level Business Teachers) Sign up to our Daily Digest http://www.tutor2u.net/dailydigest and receive an email tomorrow morning directing you to the resources
