Question

Check my work Qullcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,800 pounds of oysters in August. The company's flexible budget for August appears below: points Quilcone Oysteria Flexible Dudget For the Month Ended August 31 Actual pounds (9) 7,800 $ 32, 370 eBook Revenue ($4.159) Expenses Packing supplies ($0.300) Oyster bed maintenance ($3,300) Hages and salaries ($2,300 + $0.459) Shipping ($0.80) Utilities ($1,240) Other (5440 + $0.019) Total expense Net operating income 2,340 3,300 5,810 6,240 1,240 518 Print References 19,448 $ 12,922 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,800 Revenue $ 27,100 Expenses Packing supplies 2,510 Oyster bed maintenance 3,160 Wages and salaries 6.220 Shipping 5.970 Utilities 1.050 Other 1.138 Total expense 20,048 < Prev 3 of 3 Next >

Answer 1

7800 Variance ol 5270 Unfavorable Answer: Quilcene Oysteria Revenue and Spending Variances For the Month Ended August Flexible Budget Actual Budget Actual Pounds 7800 Revenue 32370 27100 Expenses: Packing Supplies 2340 2510 Oyster Bed Maintenance 3300 3160 Wages and Salaries 5810 6220 Shipping 6240 5970 Utilities 12401 1050 Other 518 1138 Total Expense 19448 20048 Net Operating Income 12922 7052 170 Unfavorable 140 favorable 410 Unfavorable 270 favorable 190 favorable 620 Unfavorable 600 Unfavorable 5870 Unfavorable