Please need your help to prepare performance report out of this information.. Activity:AB Software System provide you with their actual and budget data for the quarter ending 31December 2018. You are required to use the information to prepare the revenue performancereport for this period.AB Software SystemsActual Fees earned for the quarter ending 31 December 2018MonthHoursFees/hour ($)Total fees ($)InstallationOctober110303,3003,2704,02510,595November10930December11535Sub-total334ProgrammingOctober6,0006,2505,85018,100$28,69512050November12550December13045Sub-total375Total709AB Software SystemRevenue Budget for quarter ending 31 December 2018НoursFees/hour ($)Total fees ($)MonthInstallation3,4502,9403,1209,51011530October9830November104December317Sub-total5,1755,1755,40015,750$25,260ProgrammingOctober4511545115November45120December350Sub-total667Total30

Performance Report:-This is a report which helps in evaluating the performance of the company during…

Activity: AB Software System provide you with their actual and budget data for the quarter ending 31 December 2018. You are required to use the information to prepare the revenue performance report for this period. AB Software Systems Actual Fees earned for the quarter ending 31 December 2018 Month Нours Fees/hour ($) Total fees ($) Installation October 110 3,300 3,270 4,025 10,595 30 November December 109 30 115 35 Sub-total 334 Programming October 6,000 6,250 5,850 18,100 $28,695 120 50 November 125 50 December 130 45 Sub-total 375 Total 709 AB Software System Revenue Budget for quarter ending 31 December 2018 Нours Fees/hour ($) Total fees ($) Month Installation 3,450 2,940 3,120 9,510 115 30 October 98 30 November 104 30 December 317 Sub-total Programming October 5,175 5,175 5,400 15,750 $25,260 45 115 45 115 November December Sub-total Total 45 120 350 667

Activity: AB Software System provide you with their actual and budget data for the quarter ending 31 December 2018. You are required to use the information to prepare the revenue performance report for this period. AB Software Systems Actual Fees earned for the quarter ending 31 December 2018 Month Нours Fees/hour ($) Total fees ($) Installation October 110 3,300 3,270 4,025 10,595 30 November December 109 30 115 35 Sub-total 334 Programming October 6,000 6,250 5,850 18,100 $28,695 120 50 November 125 50 December 130 45 Sub-total 375 Total 709 AB Software System Revenue Budget for quarter ending 31 December 2018 Нours Fees/hour ($) Total fees ($) Month Installation 3,450 2,940 3,120 9,510 115 30 October 98 30 November 104 30 December 317 Sub-total Programming October 5,175 5,175 5,400 15,750 $25,260 45 115 45 115 November December Sub-total Total 45 120 350 667

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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