Actual results | Revenue and spending variances | Flexible budget | Activity variances | Planning budget | |||
Revenue | 16000 | 4355 | U | 20355 | 690 | F | 19665 |
Expenses: | |||||||
Wages and salaries | 8556 | 36 | F | 8592 | 176 | U | 8416 |
Fuel | 2054 | 166 | U | 1888 | 64 | U | 1824 |
Airpost fees | 2756 | 120 | F | 2876 | 68 | U | 2808 |
Aircraft depreciation | 531 | 0 | None | 531 | 18 | U | 513 |
Office expenses | 467 | 168 | U | 299 | 2 | U | 297 |
Total expense | 14364 | 178 | U | 14186 | 328 | U | 13858 |
Net operating income | 1636 | 4533 | U | 6169 | 362 | F | 5807 |
Exercise 9-4 Prepare a Flexible Budget Performance Report [LO9-4] Vulcan Flyovers offers scenic overflights of Mount...
Exercise 9-4 Prepare a Flexible Budget Performance Report [LO9-4] Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company’s operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Results Flexible Budget Planning Budget Flights (q) 52 52 50 Revenue ($345.00q) $ 16,000 $ 17,940 $ 17,250 Expenses: Wages and salaries ($3,600 + $89.00q) 8,190 8,228 8,050 Fuel ($34.00q) 1,930 1,768...
Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company’s operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Results Flexible Budget Planning Budget Flights (q) 61 61 59 Revenue ($345.00q) $ 16,400 $ 21,045 $ 20,355 Expenses: Wages and salaries ($3,700 + $86.00q) 8,914 8,946 8,774 Fuel ($34.00q) 2,236 2,074 2,006 Airport fees ($850 + $34.00q) 2,819 2,924 2,856...
Exercise 9-4 Prepare a Flexible Budget Performance Report [LO9-4] Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Flexible Results Budget 5757 $ 16,400 $20,520 Planning Budget 55 Flights (9) Revenue ($360.000) $19,800 Expenses: Wages and salaries ($3,700 + $90.000) Fuel ($34.009) Airport fees ($840 + $30.000) Aircraft depreciation ($10.00)...
mework Saved Exercise 9-4 Prepare a Flexible Budget Performance Report [LO9-4) Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Flexible Planning Results Budget Budget Flights (9) 61 61 59 Revenue ($340.009) $ 16,200 $ 20,740 $ 20,060 Expenses: Wages and salaries ($3,700 + $92.009) 9,268 9,312 9,128 Fuel (532.004)...
Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Flexible Planning Results Budget Budget 59 Flights (9) $ 16,300 $ 20,355 $ 19,665 Revenue ($345.009) Expenses : Wages and salaries ($3,600 + $90.00) Fuel ($34.00) Airport fees ($890 + $34.000) Aircraft depreciation ($9.00) Office expenses ($240 + $1.009) Total expense...
Exercise 9-4 (Algo) Prepare a Flexible Budget Performance Report [LO9-4) Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below: Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Flexible Planning Results Budget Budget 60 60 58 Flights (9) $ 16,100 $ 20,700 $20,010 9,160 9,200 9,020 Revenue ($345.00) Expenses! Wages and salaries ($3,800 + $90.00g) Fuel ($31.00) Airport fees...
Vulcan Flyovers offers
scenic overflights of Mount St. Helens, the volcano in Washington
State that explosively erupted in 1982. Data concerning the
company’s operations in July appear below:
Vulcan Flyovers
Operating Data
For the Month Ended July 31
Actual
Results
Flexible
Budget
Planning
Budget
Flights
(q)
57
57
55
Revenue
($345.00q)
$
16,000
$
19,665
$
18,975
Expenses:
Wages and
salaries ($3,800 + $85.00q)
8,615
8,645
8,475
Fuel
($31.00q)
1,935
1,767
1,705
Airport fees
($880 + $34.00q)
2,678
2,818
2,750...
Exercise 9.4 (Algo) Prepare a Flexible Budget Performance Report (LO9-4) Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below. 58 Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Flexible Planning Results Budget Budget Flights (9) 58 56 Revenue ($355.ee) $16,200 $20,590 $19,880 Expenses : Wages and salaries ($3,200 + $91.689) 8,436 8,478 8, 296 Fuel ($30.00) 1,910 1,740...
Vulcan Flyovers offers scenic overflights of Mount St. Helens,
the volcano in Washington State that explosively erupted in 1982.
Data concerning the company’s operations in July appear below:
Vulcan Flyovers
Operating Data
For the Month Ended July 31
Actual
Results
Flexible
Budget
Planning
Budget
Flights (q)
59
59
57
Revenue ($355.00q)
$
16,300
$
20,945
$
20,235
Expenses:
Wages and salaries ($3,400 + $86.00q)
8,442
8,474
8,302
Fuel ($33.00q)
2,111
1,947
1,881
Airport fees ($850 + $34.00q)
2,746
2,856
2,788...
9-4
Exercise 9-4 Prepare a Flexible Budget Performance Report (L09-4) Vulcan Flyovers offers scenic overflights of Mount St. Helens, the volcano in Washington State that explosively erupted in 1982. Data concerning the company's operations in July appear below D Vulcan Flyovers Operating Data For the Month Ended July 31 Actual Results Flexible Planning Budget Flights (9) 10 $ 16,200 18.755 18,285 8,151 8.185 1.82 2.59e 3,011 1. 2 2,526 2.45 Revenue ($345.00) Expenses Wapes and salaries ($3,400.587.00) Fuel ($14.00) Airport...