Chapter 4, Problem 4.11BE

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Can you show me the correct approach to solve this genral accounting problem using suitable standards?

What is the total variable cost for the month? Solve general accounting question

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Can you provide the accurate answer to this financial accounting question using correct methods?

I need help finding the accurate solution to this general accounting problem with valid methods.

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PrimeTech Solutions maintains a petty cash fund with a current balance of $1,200. Recent receipts include $275 for office supplies, $195 for courier services, and $210 for refreshments. After these expenses, the remaining cash count in the fund is $480. Calculate the variance in the petty cash fund based on these records.

Can you provide the accurate answer to this financial accounting question using correct methods?