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please help 7,300 $ 30,295 Quilcene Oysteria Flexible Budget For...

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Accounting

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7,300 $ 30,295 Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) Revenue ($4.159) Expenses: Packing supplies ($0.259) Oyster bed maintenance ($3,300) Wages and salaries ($2,300 + $0.35) Shipping ($0.559) Utilities ($1,250) Other ($460 + $0.019) Total expense Net operating income 1,825 3,300 4,855 4,015 1,250 533 15,778 $ 14,517 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,300 Revenue $ 26,600 Expenses: Packing supplies 1,995 Oyster bed maintenance 3,160 Wages and salaries 5, 265 Shipping 3,745 Utilities 1,060 Other 1,153 Total expense 16,378 Net operating income $ 10,222 Required: Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "P" for favorable, "U" for unfavorable, and "None" for no effect (le, zero variance). Input all amounts as positive values.) Quilcano Oystore Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses Pacing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income

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