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actual results Larry's Lawn Service For the Month Ended June 30 Actual Results Number of lawns 400 31,000 Revenue Expenses: Wages and salaries Gasoline and

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actual results Larry's Lawn Service For the Month Ended June 30 Actual Results Number of lawns 400 31,000 Revenue Expenses: Wages and salaries Gasoline and supplies Equipment maintenance Office and shop utilities Office and shop rent Equipment Depreciation Insurance 14,000 4,000 1,000 950 2,000 2,500 950 25,400 5,600 Total expenses Net operating income Practice on your own Prepare the flexible budget for Larry's Lawn Service if by the end of June Larry actually mowed 400 lawns). Then compute the Activity and Revenue and Spen (Indicating whether it is favorable or unfavorable) Larry's Lawn Service For the Month Ended June 30 Revenue/Cost Formulas Planning Budget Number of lawns (Q) 500 ($75Q) $ 37,500 Revenue Expenses: Wages and salaries Gasoline and supplies Equipment maintenance Office and shop utilities Office and shop rent Equipment Depreciation Insurance Total expenses Net operating income ($5,000 + $30Q) $ ($9Q) ($3Q) ($1,000) ($2,000) ($2,500) ($1,000) 20.000 4,500 1,500 1,000 2,000 2,500 1,000 32,500 5,000 $

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