Calculate activity variance :
Revenue | 4100 F |
Expenses | |
Raw material | 1900 U |
Wages and salaries | 200 U |
Utilities | 50 U |
Factory rent | None |
Insurance | None |
Miscellaneous | 100 U |
Total expense | 2250 U |
Net operating income | 1850 F |
2 Flight Café prepares in-flight meals for airlines in its kitchen located next to a local...
Flight Café is a company that prepares in-flight meals for airlines in its kitchen located next to the local airport. The company's planning budget for July appears below: Flight Cafe Planning Budget For the Month Ended July 31 Budgeted meals (g) Revenue (53.90q) Expenses 27,000 S105,300 Raw materials ($1.90q) Wages and salaries ($6,300+$0.20q) Utilities ($2,000$0.05q) Facility rent ($4,000) Insurance ($2,900) Miscellaneous ($500 $0.10q 51,300 11,700 3,350 4,000 2,900 3,200 76,450 S 28,850 Total expense Net operating income In July, 28,000...
2. Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company’s planning budget for July appears below: Flight Café Planning Budget For the Month Ended July 31 Budgeted meals (q) 24,000 Revenue ($4.10q) $ 98,400 Expenses: Raw materials ($2.10q) 50,400 Wages and salaries ($6,500 + $0.20q) 11,300 Utilities ($1,900 + $0.05q) 3,100 Facility rent ($3,900) 3,900 Insurance ($2,800) 2,800 Miscellaneous ($700 + $0.10q) 3,100 Total expense 74,600 Net operating income $ 23,800...
Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company’s planning budget for July appears below: Flight Café Planning Budget For the Month Ended July 31 Budgeted meals (q) 20,000 Revenue ($4.30q) $ 86,000 Expenses: Raw materials ($1.90q) 38,000 Wages and salaries ($6,000 + $0.20q) 10,000 Utilities ($2,100 + $0.05q) 3,100 Facility rent ($3,600) 3,600 Insurance ($2,900) 2,900 Miscellaneous ($500 + $0.10q) 2,500 Total expense 60,100 Net operating income $ 25,900 In...
Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company’s planning budget for July appears below: Flight Café Planning Budget For the Month Ended July 31 Budgeted meals (q) 29,000 Revenue ($4.00q) $ 116,000 Expenses: Raw materials ($1.90q) 55,100 Wages and salaries ($6,500 + $0.20q) 12,300 Utilities ($2,100 + $0.05q) 3,550 Facility rent ($3,900) 3,900 Insurance ($2,700) 2,700 Miscellaneous ($800 + $0.10q) 3,700 Total expense 81,250 Net operating income $ 34,750 In...
Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company’s planning budget for July appears below: Flight Café Planning Budget For the Month Ended July 31 Budgeted meals (q) 27,000 Revenue ($4.30q) $ 116,100 Expenses: Raw materials ($1.80q) 48,600 Wages and salaries ($6,500 + $0.20q) 11,900 Utilities ($2,100 + $0.05q) 3,450 Facility rent ($3,500) 3,500 Insurance ($2,900) 2,900 Miscellaneous ($900 + $0.10q) 3,600 Total expense 73,950 Net operating income $ 42,150 In...
Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company's planning budget for July appears below: Flight Café Planning Budget For the Month Ended July 31 21,000 Budgeted meals (q) $79,800 Revenue ($3.80q) Expenneв Raw materials ($2.00g) Wages and salaries ($6, 300 $0.20q) Utilities ($2,100 $0.05q) Facility rent ($3,200) Insurance ($2,300) Miscellaneous ($700 +$0.10q) Total expense 42,000 10,500 3,150 3,200 2,300 2,800 63,950 $15,850 Net operating income In July, 22,000 meals were...
Flight Café is a company that prepares in-ight meals for airlines in its kitchen located next to the local airport. The company's planning budget for July appears below: Fight Café Planning Budget For the Month Ended July 31 Budgeted meals (q) Revenue (S4.40q) Expenses: 26,000 S114,400 Raw materials ($1.90q) Wages and salaries (S6,200 + $0.20q) Utilities ($2,000+SO.05q) Facility rent($3,200) Insurance ($2,200) Miscellaneous (S300S0.10g) 2,900 49,400 11,400 3,300 3,200 2,200 2,400 S 42,000 Total expense Net operating income In July, 27,000...
Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company’s planning budget for July appears below: Flight Café Planning Budget For the Month Ended July 31 Budgeted meals (q) 29,000 Revenue ($4.50q) $ 130,500 Expenses: Raw materials ($2.00q) 58,000 Wages and salaries ($6,500 + $0.20q) 12,300 Utilities ($2,000 + $0.05q) 3,450 Facility rent ($3,300) 3,300 Insurance ($2,700) 2,700 Miscellaneous ($400 + $0.10q) 3,300 Total expense 83,050 Net operating income $ 47,450 In...
Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company’s planning budget for July appears below: Flight Café Planning Budget For the Month Ended July 31 Budgeted meals (q) 21,000 Revenue ($4.00q) $ 84,000 Expenses: Raw materials ($2.30q) 48,300 Wages and salaries ($6,400 + $0.20q) 10,600 Utilities ($2,000 + $0.05q) 3,050 Facility rent ($3,000) 3,000 Insurance ($2,400) 2,400 Miscellaneous ($400 + $0.10q) 2,500 Total expense 69,850 Net operating income $ 14,150 In...
Flight Café prepares in-flight meals for airlines in its kitchen located next to a local airport. The company’s planning budget for July appears below: Flight Café Planning Budget For the Month Ended July 31 Budgeted meals (q) 24,000 Revenue ($4.40q) $ 105,600 Expenses: Raw materials ($2.30q) 55,200 Wages and salaries ($6,400 + $0.20q) 11,200 Utilities ($1,900 + $0.05q) 3,100 Facility rent ($3,000) 3,000 Insurance ($2,800) 2,800 Miscellaneous ($900 + $0.10q) 3,300 Total expense 78,600 Net operating income $ 27,000 In...