Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. quilcene oysteria farms and sells oysters in the p

Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold...

70.2K

Verified Solution

Question

Accounting

Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,600 pounds of oysters in August. The company's flexible budget for August appears below:
The actual results for August were as follows:
\table[[\table[[Quilcene Oysteria],[Income Statement]]],[For the Month Ended August 31,],[Actual pounds,7,600],[Revenue,27,300],[Expenses:,2,830],[Packing supplies,3,160],[Oyster bed maintenance,4,890],[Wages and salaries,5,050],[Shipping,1,030],[Utilities,1,106],[Other,18,066],[Total expenses,$9,234
image

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