TipTop Flight School offers flying lessons at a small municipal airport. The school’s owner and manager has been attempting to evaluate performance and control costs using a variance report that compares the planning budget to actual results. A recent variance report appears below:
TipTop Flight School
Variance Report
For the Month Ended July 31
Actual
Results Planning
Budget Variances
Lessons 155 150
...
Answered
Other
/
Other
18 Nov 2019
Expiry Date: 18 Nov 2019