Check my work 2 Vulcere Uysteld als alu Sens wysleis III lie racirl NOI LIVESL....

70.2K

Verified Solution

Question

Accounting

imageimage

Check my work 2 Vulcere Uysteld als alu Sens wysleis III lie racirl NOI LIVESL. He Lupany Ildivesteu alu sulu 1,500 pounus vi vysler III August. The company's flexible budget for August appears below: 2.33 points 7,500 $ 30,750 eBook Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) Revenue ($4.109) Expenses : Packing supplies ($0.309) Oyster bed maintenance ($3,200) Wages and salaries ($2,500 + $0.359) Shipping ($0.809) Utilities ($1,230) Other ($ 430 + $0.019) Total expense Net operating income Hint 2,250 3,200 5, 125 6,000 1,230 505 18,310 $ 12,440 Print References The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,500 Revenue $ 26,800 Expenses: Packing supplies 2,420 Oyster bed maintenance 3,060 Wages and salaries 5,535 Shipping 5,730 Utilities 1,040 Other 1,125 Total expense 18,910 --------------- $ 7,890 Check my work 2 vacking supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 2,420 3,060 5,535 5,730 1,040 1,125 18,910 $ 7,890 2.33 points eBook Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Hint Print References Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students