Organic Muffins sells its muffins to restaurants and coffee houses for an average selling price...
50.1K
Verified Solution
Question
Accounting
Organic Muffins sells its muffins to restaurants and coffee houses for an average selling price of $29 per case. The following information Requirement relates to the budget for Organic Muffins for this year (all figures are Construct a flexible budget performance report for Organic annual totals unless otherwise noted). Muflins for the year. Be sure to indicate whether each variance (Click the icon to view the budget information) is favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label each variance as favorable (F) or During the year, Organic Muffins actually sold 8,400 cases, resulting in unfavorable (U). If the variance is 0 , make sure to enter in a total sales revenue of $251,000. Actual expenses (in total) from this "0" A variance of zero is considered favorable.) year are as follows: (Click the icon to view the actual expenses) Organic Muffins Flexible Budget Performance Report - Sales and Operating Expenses Data table Data table Packaging cost . S 9,300 Shipping expense. \$ 25,700 Sales commission expense ......\$ \$ 5,020 Salaries expense.............\$ 7,400 Office rent .\$ 3,900 Depreciation . .\$ 2,600 Insurance expense. .\$ 1,600 Office supplies expense $1,100



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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.