Toliza Museum Case Wtite Up.pdf - Toliza Case Group 7...

BolizOa -Oase
16roup /!
:=YZLOJ[\LOJXST &HKYTU± $VQRSNOJMHSNOHK /YTUXSTQL± )SNOYTUXSTHK 3SNO± 6VQRSNO[\SNOHK :=Z[XST± %SNOXSTQLPKLOJSNO ADRMYTUZ[

@uestion )Oa

@uestion )Pb

@uestion )Qc

@uestion )d
i° 27Museum '&&+dmissions <Revenue% $ has a favorable variance of ± millions
Toliza museum sold more tickets ²favorable variance of ±° millions³ but at a lower average
price ²unfavorable variance of ´´µ´´´³°
ii° )((-uratorial Staff +**/Expense% $ has a unfavorable variance of "¶µ¶ ´
The staff worked more hours ²unfavorable variance of "·¶µ´´´³µ but they got paid less
²favorable variance of ·¶$µ! ´³°

@uestion )e
The discounted admission price would increase the revenue by € ·µ±´´µ´´´ in
±´´#°

@uestion *Oa

@uestion *Pb
We believe that the best cost driver is the number of staff hours worked°
++0For curational and security activitiesµ the number of staff hours can best
reflect the relationship between the specified activities and the costs
incurred° Thereforeµ this choice of the cost driver is best for management