FRAME 10.

If the cost last year was ,000, what is the percent change if this year's cost was

,000?

FRAME 11.

PERCENT DEVIATION compares the amount by which the actual amount differed from the

planned amount. Suppose the actual amount spent was 2,000 while 0,000 had been

budgeted. The difference between actual and planned was -00. Comparing this -00 to

the planned amount of 0,000, we get a percent deviation of -2%. In other words, the actual

amount was 2% less than the planned amount. In terms of a formula, we have the following:

Percent deviation = actual amount - planned amount X 100

planned amount

= 392,000 - 400,000 X 100

400,000

= -8,000 X

100

400,000

Percent deviation a -2%

The percent deviation indicates how much the actual is above or below the planned amount in

terms of percent.

QUESTION:

If the amount budgeted for travel is ,000 and the actual amount spent is ,000, what is the

percent deviation and what does it mean?