Question

operate The s Ang M o re dhe house to following formations to the budget for meg is for this year other noted the icon to view the budget formation) During the year, Amazing Mutins actually 9.000 cases, resulting in t expenses in a rom this year are as follows Click the icon to view the actual expenses) Contrada arance tvo ) out tvorbe de performance report formu Muins for the year be sure to indicate whethered o f the race a posve numbers beach varande there is m o rna Awarance of is considered he event of 264.800 Adual Amazing Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 3,700 S teven 26 0 Date Table 2000 Salones expense expense Onicerent Depreciation Ine xpense Once expe Depreciation Insurance expense

Answer 1

Amazing Muffins
Flexible budget performance report - Sales and operating expense
For year ended for December, 31
		Actual Results	Flexible Budget Variance		Flexible Budget	Volume Variance		Master Budget
Cases	Z	9900			9900			9700
Sales Revenue	$26* Z	$     2,64,800	$        7,400	F	$   2,57,400	$   5,200	F	$ 2,52,200
Variable operating expense:
Packaging expense	$2 * Z	$         20,700	$           900	U	$       19,800	$       400	U	$    19,400
Shipping expense	$1 * Z	$         12,100	$        2,200	U	$         9,900	$       200	U	$       9,700
Sales Commissions	3% *Sales revenue	$           7,944	$           222	U	$         7,722	$       156	U	$       7,566
Fixed operating expense:
Salaries		$           7,300	$        1,300	U	$         6,000	$          -	None	$       6,000
Office rent		$           3,100	$               -	None	$         3,100	$          -	None	$       3,100
Depreciation		$           2,800	$               -	None	$         2,800	$          -	None	$       2,800
Insurance expense		$           2,000	$           400	F	$         2,400	$          -	None	$       2,400
Office supplies expense		$           1,000	$           200	U	$             800	$          -	None	$          800
Total operating expense		$         56,944	$        4,422	U	$       52,522	$       756	U	$    51,766