AQA/ Edexcel A Level Bellwork/ Revision Activity - Variance Analysis

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)

AQA A Level Business Teachers

Edexcel A Level Business Teachers

Budgets and Variance Analysis Activity

Below is a table showing the budgeted and actual income for a restaurant that also offers takeaways

Question 1

Calculate the total actual expenditure for February

Question 2

Calculate the total profit variance for January and February stating whether it is adverse or favourable