Prepare flexible budget as described below yson biner gives fre meals toBt fr ma

Question

Prepare flexible budget as described below yson biner gives fre meals toBt fr may ws bed on 380o me als. Cost erm ulas are used in the budqet ree meals to homeless : bued on aso meles a Ftxed clementeaable elemnt per mes Vaviable element per mes Foo 15 2.85 1.65 0-00 kitchen perahinsT 6400 ktdminubative cxpenses 3,06 Fundraism epens 2.06 Actual expenses-ag Diner statement of expenjes for menth cn ded May Actual meals roceries kitchen opkrations 6SS $12.43 A dministrative expenses Fundvaisinq expenj es Totel expense 332 45 Prepare a flexible budyet perfimance eport shing activity vaviances and spen ding varianies for cach expense n For total expense fer May Name each vavian ce favorable(#) or Unfqvsrqblelu)

Explanation / Answer

  FLEXIBLE BUDGET

Variance-

Favourable/(Unfavourable)

$10,080

[3200*3.15]

$15,520

[6400+(3200*2.85)]

$8,280

[$3000+(3200*1.65)]

Particulars Actual Budget

Variance-

Favourable/(Unfavourable)

Sales:Expected 3,800 Actual 3,200 Sales Units 3,200 3,200 Groceries $9,685

$10,080

[3200*3.15]

$395 Kitchen Operations $12,435

$15,520

[6400+(3200*2.85)]

$3,085 Administrative Expenses $5,605

$8,280

[$3000+(3200*1.65)]

$2,675 Fund Raising Expenses $2,320 $2,300 $(20) Total Expenses $30,045 $36,180 $(6,135)

Related Questions

Navigate

• Browse (All)
• Browse P
• Subjects

---