Answers
Answer-
QUILCENE OYSTERIA FARMS | ||||
Revenue & Spending Variance | ||||
For the month ended August 31 | ||||
Particulars | Flexible Budget | Actual Results | Variances | Remark |
$ | $ | |||
Revenue | 32000 | 35200 | 3200 | Favorable |
Less:-Expenses | ||||
Packing Supplies | 4000 | 4200 | -200 | Unfavorable |
Oyster bed maintenance | 3200 | 3100 | 100 | Favorable |
Wages & salaries | 5300 | 5640 | -340 | Unfavorable |
Shipping | 6400 | 6950 | -550 | Favorable |
Utilities | 830 | 810 | 20 | Favorable |
Other | 850 | 980 | -130 | Unfavorable |
Total Expenses | 20580 | 21680 | -1100 | Unfavorable |
Net Operating Income | 11420 | 13520 | 2100 | Favorable |
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