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Calculate the companies revenue in spending variances for August. 09 Concept Overview Homework Assignment...

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Accounting

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Calculate the companies revenue in spending variances for August.
09 Concept Overview Homework Assignment i Seved Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,500 pounds of oysters in August. The company's flexible budget for August appears below: . 7,500 331, 125 7:22 Quilcene Oysteria Flexible Budget Tor the Month Ended August 31 Actual pounds (a) Revenue ($4.159) Expenses: Packing supplies ($0.30) Oyster bed maintenance ($3,600) Mages and salaries ($2.600 + $0.35) Shipping (30.759) Utilities ($1,300) Other (5450+ $0.019) Total expense Not operating income 2,250 3,600 5,225 5,625 1,300 525 10,525 $ 12,600 The actual results for August were as follows: Ouseene Oysteria Income statement Yor the Month inded Rugust 31 Actual pounds 7,500 927,200 Revenue Expennco: Packing supplies oyster bed maintenance Wages and solarien Shipping Utilities Other Total expense Net operating income 2,420 3,460 5,635 5,355 1.110 1,145 19, 125 $3,075 Required

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