The Planning Budget for the Johnny Pickles Brewing Company is presented Below. The units of...

90.2K

Verified Solution

Question

Accounting

The Planning Budget for the Johnny Pickles Brewing Company is presented Below. The units of activity are barrels of beer.

Projected number of barrels 91
Revenue $9,473
Variable Expenses:
Supplies $1,593
Wages $1,995
Overhead $609
Fixed Expenses
Supplies $202
Fixed Wages $355
Fixed OH $982

The actual number of barrels sold during the month was 108. What is the planning budget net operating income based on the information above? Round your answer to the nearest whole dollar.

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