Question

Can somebody please help me please I really need help

Answer 1

Okay, here we have this:

We are going to use the following formula to calculate the percent change:

`Percentchange=((V_2-V_1))/(|V_1|)\cdot100`

So, replacing we obtain:

`\begin{gathered} =((12200-12700))/(|12700|)\cdot100 \\ =(-500)/(12700)\cdot100 \\ =-0.0393701*100 \\ =-3.93701\text{ }change \\ =3.93701\text{ decrease} \end{gathered}`

So, according with this we rounded to the nearest tenth we obtain that the percent change that inventory is under budget is %3.9.