Solution
Flexible budget | planning budget | activity variance | |
Repair hours(q) | 2600 | 2700 | |
Revenue($50 q) | $130,000 | $135,000 | $5,000 U |
Expenses: | |||
Wages and Salaries(20700+15q) | $59,700 | $61,200 | $1500 F |
Parts and Supplies(7.20q) | $18,720 | $19,440 | $720 F |
Equipment Depreciation(2720+.55q) | $4,150 | $4,205 | $55 F |
Truck operating expense(6710+$1.80 q) | $11,390 | $11,570 | $180 F |
Rent (4700) | $4,700 | $4,700 | 0 |
Administrative expenses(3860+$.60 q) | $5,420 | $5,480 | $60 F |
Total expenses | $104,080 | $106,595 | $2515 F |
Net operating income | $25,920 | $28,405 | $2485 U |
Managerial accounting please help Jake's Roof Repair has provided the following data concerning its costs: Fixed...
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 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 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 $ 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 $ 21,000 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $15.00 $ 7.30 $ 0.45 $ 1.80 $ 2,780 $ 5,750 $ 4,640 $ 3,810 $ 0.40 For example, wages and salaries should be $21,000 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 $ 20,600 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $15.00 $ 7.10 $ 0.40 $ 1.80 $ 2,760 $ 5,760 $ 4,670 $ 3,820 $ 0.70 For example, wages and salaries should be $20,600 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: Jake's Roof Repair has provided the following data concerning its costs Fixed Cost Cost per per Month $ 20,500 Repair-Hour $15.0e $ 7.80 $ e.45 $ 1.60 Mages and salaries Parts and supplies Equipment depreciation Truck operating expenses $ 2,700 $ 5,700 $ 4,610 $ 3,880 Rent Administrative expenses s 0.se For example, wages and salaries should be $20,500 plus $15.00 per repair-hour. The company expected to work 2,500...
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 $ 20,700 Wages and salaries Parts and supplies Equipment depreciation Truck operating expenses Rent Administrative expenses Cost per Repair-Hour $15.00 $ 7.40 $ 0.45 $ 1.70 $ 2,710 $ 5,730 $ 4,620 $ 3,830 $ 0.80 For example, wages and salaries should be $20,700 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...
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...