Jake's Roof Repair | |||||
Activity Variances | |||||
For the month ended May 31 | |||||
Particulars | Calculation | Planning Budget | Flexible Budget | Activity Variances | |
Repair Hours (q) | $ 2,500 | $ 2,400 | |||
Revenue | $45 * q | $ 112,500 | $ 108,000 | $ 4,500 | U |
Expenses : | |||||
Wages & Salaries | $20,700 + $15 * q | $ 58,200 | $ 56,700 | $ 1,500 | F |
Parts & Supplies | $7.40 * q | $ 18,500 | $ 17,760 | $ 740 | F |
Equipment Depreciation | $2,710 + $0.45 * q | $ 3,835 | $ 3,790 | $ 45 | F |
Truck operating expenses | $5,730 * $1.70 * q | $ 9,980 | $ 9,810 | $ 170 | F |
Rent | $4620 | $ 4,620 | $ 4,620 | $ - | |
Administrative expenses | $3,830 + $0.80 * q | $ 5,830 | $ 5,750 | $ 80 | F |
Total Expense | $ 100,965 | $ 98,430 | $ 2,535 | F | |
Net Operating Income | $ 11,535 | $ 9,570 | $ 1,965 | U |
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $...
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 20,500 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $15.00 $ 7.40 $ 0.40 $ 1.60 $ 2,770 $ 5,750 $ 4,630 $ 3,830 $ 0.70 For example, wages and salaries should be $20,500 plus $15.00 per repair-hour. The company expected to work 2,900 repair-hours in May, but actually worked 2,800 repair-hours. The company expects...
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 21,400 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $15.00 $ 7.80 $ 0.35 $ 1.80 $ 2,710 $ 5,700 $ 4,680 $ 3,870 $ 0.40 For example, wages and salaries should be $21,400 plus $15.00 per repair-hour. The company expected to work 2,600 repair- hours in May, but actually worked 2,500 repair-hours. The company...
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 21,300 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cont per Repair-Hour $15.00 $ 7.70 $ 0.40 $ 1.50 $ 2,790 $ 5.760 $ 4,620 $ 3,840 $ 0.60 For example, wages and salaries should be $21,300 plus $15.00 per repair-hour. The company expected to work 2,700 repair-hours in May, but actually worked 2,600 repair-hours. The company expects...
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 21,300 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $ 15.00 $ 7.20 $ 0.50 $ 1.70 $ $ $ $ 2,730 5,760 4,620 3,840 $ 0.80 For example, wages and salaries should be $21,300 plus $15.00 per repair-hour. The company expected to work 2,500 repair-hours in May, but actually worked 2,400 repair-hours. The company...
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost Cost per Repair- per Hour Month Wages and salaries $20,700 - $15.00 Parts and supplies $ 7.40 Equipment $ 2,700 $ 0.60 depreciation Truck operating $5.780 $ 1.80 expenses Rent $ 4,660 Administrative $ 3,850 $ 0.40 expenses For example, wages and salaries should be $20,700 plus $15.00 per repair-hour. The company expected to work 2.900 repair-hours in May, but actually worked 2.800 repair-hours. The company expects...
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost Cost per per MonthRepair-Hour Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses $15.00 $ 7.80 ş 0.50 $ 1.80 $21,000 $ 2,710 $ 5,770 $ 4,690 $ 3,900 $ 0.50 For example, wages and salaries should be $21,000 plus $15.00 per repair-hour. The company expected to work 2,500 repair-hours in May, but actually worked 2,400 repair-hours. The company expects its sales...
Jake's Roof Repair has provided the following data concerning its costs Fixed Cost Cost per Repair-Hour per Month Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses $20,900 $15.00 7.20 $2,710 $ 5,780 $ 4,670 3,820 $0.35 $1.80 Rent Administrative expenses 0.60 For example, wages and salaries should be $20,900 plus $15.00 per repair-hour. The company expected to work 2,700 repair-hours in May, but actually worked 2,600 repair-hours. The company expects its sales to be $45.00 per repair-hour....
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 20,800 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $15.00 $ 7.20 $ 0.50 $ 1.50 $ 2,740 $ 5,710 $ 4,640 $ 3,830 $ 0.70 For example, wages and salaries should be $20,800 plus $15.00 per repair-hour. The company expected to work 2,800 repair-hours in May, but actually worked 2,700 repair-hours. The company expects...
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 20,800 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $16.00 $ 7.60 $ 0.35 $ 1.80 $ 2,750 $ 5,790 $ 4,620 $ 3,820 $ 0.60 For example, wages and salaries should be $20,800 plus $16.00 per repair-hour. The company expected to work 2,900 repair-hours in May, but actually worked 2.800 repair-hours. The company expects...
Jake's Roof Repair has provided the following data concerning its costs: Fixed Cost per Month $ 21,100 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $15.00 $ 7.30 $ 0.45 $ 1.70 $ 2,760 $ 5,800 $ 4,670 $ 3,840 $ 0.70 For example, wages and salaries should be $21,100 plus $15.00 per repair-hour. The company expected to work 2,600 repair-hours in May, but actually worked 2,500 repair-hours. The company expects...