Autos ave File Home Insert Design Layout Relerences Mailings Review View Help Grammarly BShare F'Comments a ,Orind v 'Q l AaBchDd AaBchDd AaBchDd AaBchDd AaBchDd Q} E HQ 4} Replace 7 7 chtate Sensltl ty Editor Reuse Open l} Select V v Flies Grammarly Lol A CallbriLigm v15 v A" AV Aav Po to P3336 Blgvabxlevv
c Replace Paste BIU~ ab X x A LA 1 Normal 1 Body Text 1 List Para... 1 No Spac... 1 Table Pa.. Dictate Sensitivity Editor Reuse Open Select Files Grammarly Clipboard Is Font Paragraph Styles Editing Voice Sensitivity Editor I Reuse Files Grammarly Budget for the year 2020: The budget for the year 2020 was prepared in December 2019 and had the following components: Revenue: The revenue is calculated as number of hours which the crew works on a site, times the contracted rate with the client. The hours worked in the residential and commercial segments are shown separately, and there is total for the combined hours worked. The revenue for each segment is arrived at by multiplying the hours for the segment times the rate. The budget is prepared for four quarters, one to four. For the first quarter of 2020, the budgeted sales hours and hourly revenue were: Item Budgeted sales (commercial), in hours 2 500 Budgeted sales (residential), in hours 1 500 Budgeted selling rate (commercial), per hour $40 Budgeted selling rate (residential), per hour $50 For quarters two, three and four it was projected that: Budgeted sales in hours for both commercial and residential with increase at the rate of 7% on a quarter over quarter basis. Budgeted selling rate will increase at 5% on a quarter over quarter basis for the commercial segment and 4% on a quarter over quarter basis for the residential segment. Page 6 of 11 1657 words X English (Canada) " Focus + 100% Type here to search O 9 N G T 19:26 8 28.C ~ 93 6 8 (7 041) ENG 23-07-2021AutoSave . Off ) 4 -Case version four - Compatib O Search Rachel Lawrence Rego RL X File Home Insert Design Layout References Mailings Review View Help Grammarly Share Comments Find Calibri Light 13 ~ A" A Aa Ap AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd Paste IA c Replace 1 Normal 1 Body Text 1 List Para... 1 No Spac... 1 Table Pa.. Dictate Editor Reuse Open BI U~ ab X x A LA Sensitivity Select Files Grammarly Clipboard Is Font Paragraph Styles Editing Voice Sensitivity Editor I Reuse Files Grammarly Direct Labour expense: Super Clean will pay its employees an hourly rate of $ 23 for the entire year. Cleaning supply usage: The budgeted usage is 0.3 litre / labour hour for commercial segment and 0.15 litre/ labour hour for residential segment. This is constant for the entire year. 5 | Page MGMT 8500: BUDGET ASSIGNMENT - $21 Cleaning supply expense: Budgeted expense is $5.30 per liter for the entire year. Fixed overhead: In order to support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Budgeted expense is $ 5 800 per quarter and is the same for all the four quarters. Depreciation: Page 6 of 11 1657 words X English (Canada) " Focus + 100% 9 N G T 19:27 Type here to search O W X 8 280C ~ 93 6 8 (04) ) ENG 23-07-2021AutoSave . Off ) 4 -Case version four - Compatib O Search Rachel Lawrence Rego RL X File Home Insert Design Layout References Mailings Review View Help Grammarly Share Comments Find Calibri Light v 12 ~ A" A Aa Ap AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd Paste IA Cc Replace 1 Normal 1 Body Text 1 List Para... 1 No Spac... 1 Table Pa.. Dictate Sensitivity Editor Reuse Open BIU~ ab X x A LA Select Files Grammarly Clipboard Is Font Paragraph Styles Editing Voice Sensitivity Editor I Reuse Files Grammarly Depreciation: This relates to the depreciation of vehicles used to transport employees to client locations. Budgeted expense is $ 9 300 per quarter and is the same for all the four quarters. Gas: Budgeted expenditure on gas is $ 6 500 and is the same for all the four quarters. Office Supplies: Budgeted expenditure on Office Supplies is $ 1 100 per quarter and is the same for all the four quarters. Actual results for the year 2020. It is now January 7, 2021 and Super Clean is comparing the actual expenses against their budget. Here is what they found. Revenue: For the first quarter of 2020, the actual sales hours and hourly revenue were: Item Actual sales (commercial), in hours 3 200 Actual sales (residential), in hours 1 700 Actual selling rate (commercial), per hour $ 42 Actual selling rate (residential), per hour $ 56 Page 7 of 11 1657 words X English (Canada) " Focus + 100% N 7 G w 19:27 Type here to search T X 23-07-2021AutoSave . Off ) 4 -Case version four - Compatib O Search Rachel Lawrence Rego RL X File Home Insert Design Layout References Mailings Review View Help Grammarly Share Comments Find Calibri Light v 12 ~ A" A Aa Ap AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd Paste IA c Replace BIU~ ab X x A LA 1 Normal 1 Body Text 1 List Para... 1 No Spac... 1 Table Pa... Dictate Sensitivity Editor Reuse Open Select Files Grammarly Clipboard Is Font Paragraph Styles Editing Voice Sensitivity Editor I Reuse Files Grammarly For quarters two, three and four it was noticed that: Commercial: . Actual sales recorded a 5% increase in Q2 over Q1. Q3 was 4% higher than Q2. Q4 was 3% higher than Q3. Residential: . Actual sales recorded a 5% increase in Q2 over Q1. Q3 was 4% higher than Q2. Q4 was 3% higher than Q3. Direct Labour expense: Super Clean paid its employees an hourly rate of $ 21 for the entire year. Cleaning supply usage: The actual usage was 0.28 litre / labour hour for commercial segment and 0.14 litre/ labour hour for residential segment. This is constant for the entire year. Cleaning supply expense: Actual expense was $5.10 per liter for the entire year. Fixed overhead: In order to support the cleaning operations, there are four items of expenditure. These are designated as overheads and their budgeted expenses are as follows: Receptionist: Page 8 of 11 1657 words DX English (Canada) " Focus + 100% 19:27 Type here to search O 9 N G T W 8 280C ~ 93 6 8 ( 4041 ) ) ENG 23-07-2021AutoSave . Off ) AQQGA 4 -Case version four - Compatib O Search Rachel Lawrence Rego RL X File Home Insert Design Layout References Mailings Review View Help Grammarly Share Comments 11 ~ A" A Aa Ap Find Calibri AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd c Replace Paste BI U~ ab X x A LA 1 Normal 1 Body Text 1 List Para... 1 No Spac... 1 Table Pa.. Dictate Sensitivity Editor Reuse Open Select Files Grammarly Clipboard Is Font Paragraph Styles Editing Voice Sensitivity Editor I Reuse Files Grammarly Receptionist: Actual expense was $ 6 200 per quarter and is the same for all the four quarters. Depreciation: This relates to the depreciation of vehicles used to transport employees to client locations. Actual expense was $ 9 300 per quarter and was the same for all the four quarters. Gas: Actual expenditure on gas was $ 6 200 and was the same for all the four quarters. 7 |Page MGMT 8500: BUDGET ASSIGNMENT - S21 Office Supplies: Actual expenditure on Office Supplies was $ 1 000 per quarter and was the same for all the four quarters. Unproductive (unbilled) factor: Cleaning crews had to work 10% over the revenue generating hours to attend to complaints and do a Page 9 of 11 1657 words DX English (Canada) " Focus + 100% 19:27 Type here to search O 9 N G T 1 280C ~ 90 6 8 (7 071) ) ENG 23-07-2021AutoSave . Off ) 4 -Case version four - Compatib O Search Rachel Lawrence Rego RL X File Home Insert Design Layout References Mailings Review View Help Grammarly Share Comments Calibri 14.5 ~ A" A Aa Ap Find AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd AaBbCcDd c Replace Paste BI U~ ab X x A LA 1 Normal 1 Body Text 1 List Para... 1 No Spac... 1 Table Pa.. Dictate Sensitivity Editor Reuse Open Select Files Grammarly Clipboard Is Font Paragraph Styles Editing Voice Sensitivity Editor I Reuse Files Grammarly Required: Part A: For this part you will use the Excel Workbook format. Other guidelines: Data should be entered in the 'Input Database' spreadsheet only. . you have to use cell references, linking data from 'Input Database' orother spreadsheets. Do not enter data or calculations without cell references. To calculate variances, you need to use 'IF' formula. Page 9 of 11 1657 words DX English (Canada) " Focus + 100% Type here to search T w X 19:28 8 280C ~ 90 6 0 (71) ) ENG 23-07-2021AutoSave . Off) Book1 2 - Saved Search Rachel Lawrence Rego RL X File Home Insert Page Layout Formulas Data Review View Help Share Comments & Cut Calibri v 11 ~ A A General X _ AutoSum ae Wrap Text AY O [ Copy Fill Paste E Merge & Center Conditional Format as Cell Insert Delete Format Sort & Find & Analyze Sensitivity Format Painter Formatting > Table ~ Styles Clear Filter ~ Select Data Clipboard Font Alignment Number Styles Cells Editing Analysis Sensitivity M3 X Y fix A B C D E F G H I K L M N 0 P Q R S T U V W X Y Z AA AB AC SUPER CLEAN Operating Budget for the period Jan - Dec '18 GUI A W N Quarters 1 2 3 4 Year Quarters 1 2 3 Year 7 Sales budget Direct material budget 8 Sales Commercial Variable costs commercial 9 Sales residential Variable costs residential 10 Total sales Total variable costs 11 12 13 Labour budget 14 Commercial 15 Residential 16 Total labour 17 18 19 Flexible Budget Var analysis- Static and Flex | Material Variance | Labour Variance | Input Database + Ready + 73% Type here to search O N G T 20 0 30 C ~ 93 0 (7: 4.)) ENG 10:52 24-07-2021AutoSave . Off) Book1 2 - Saved Search Rachel Lawrence Rego RL X File Home Insert Page Layout Formulas Data Review View Help Share Comments & Cut _ AutoSum Calibri v 11 ~ A" A ae Wrap Text General X AY O Fill Paste [ Copy BIUTY Av Insert Delete Format Sort & Find & Format Painter BEE E Merge & Center Conditional Format as Cell Analyze Sensitivity Formatting > Table ~ Styles Clear Filter ~ Select Data Clipboard Font Alignment Number Styles Cells Editing Analysis Sensitivity E9 X A B C D E F G H K M N O P Super Clean Inc W N J Static Budget Variance Flexible Budget Variance Actual for the year Static for the year Variance U / F Actual for the year Flexible for the year Variance U / F 4 Sales budget 5 Sales Commercial 6 Sales residential 7 Total sales 8 9 10 Direct material budget 11 Variable costs commercial 12 Variable costs residential 13 Total variable costs 14 15 16 Labour budget 17 Commercial 18 Residential 19 Total labour 20 21 Fixed Overhead: 22 Receptionist 23 Depreciation 24 Gas 25 Office Supplies 26 Total Flexible Budget Var analysis- Static and Flex Material Variance | Labour Variance | Input Database + Ready + 100% Type here to search O 9 N G T 2 0 30 C ~ D3 8 (7. 41)ENG 10:52 24-07-2021AutoSave . Off) Book1 2 - Saved Search Rachel Lawrence Rego RL X File Home Insert Page Layout Formulas Data Review View Help Share Comments & Cut _ AutoSum Calibri v 11 ~ A" A ae Wrap Text General X AY O Fill Paste [A Copy BIUVA E Merge & Center ~ % " Conditional Format as Cell Insert Delete Format Sort & Find & Analyze Sensitivity Format Painter Formatting Table ~ Styles Clear Filter ~ Select Data Clipboard Font Alignment Number Styles Cells Editing Analysis Sensitivity E8 X Y fix B C D E F G H K L M N P Q R S T U V W X Y Z AA AB AC Direct Materials - Commercial N N - 3 Actual Quantity -AQ Actual Quantity -AQ Standard Quantity - SQ. 4 Actual Rate -AR Standard Rate -SR Standard Rate - SR 5 Total Total Total 6 7 Price Variance Quantity Variance Total Variance 10 11 12 Explanation for Quantity variance: 13 14 5 Explanation for price variance: 16 17 18 Direct Materials - Residential 22 Actual Quantity -AQ Actual Quantity -AQ Standard Quantity - SQ. 3 Actual Rate -AR Standard Rate -SR Standard Rate - SR 24 Total Total Price Variance Quantity Variance Total Variance Explanation for Quantity variance: 6 Explanation for price variance: Flexible Budget | Var analysis- Static and Flex Material Variance Labour Variance | Input Database + Ready + 70% Type here to search O 9 N 7 G T 20 0 30 C ~ 90 8 (. 41)) ENG 10:53 24-07-2021AutoSave . Off) Book1 2 - Saved Search Rachel Lawrence Rego RL X File Home Insert Page Layout Formulas Data Review View Help Share Comments & Cut _ AutoSum Calibri v 11 ~ A" A ae Wrap Text General X AY O Fill Paste [A Copy BIUVA E E Merge & Center Conditional Format as Cell Insert Delete Format Sort & Find & Analyze Sensitivity Format Painter Formatting > Table ~ Styles Clear Filter ~ Select Data Clipboard Font Alignment Number Styles Cells Editing Analysis Sensitivity 113 X Y B C D E F G H K L M N P Q R S T U V w x Y Z AA AB AC Labour - Commercial N N - 3 Actual Hours - AH Actual Hours - AH Standard Hours - SH Actual Rate -AR Standard Rate -SR Standard Rate - SR 5 Total Total Total Rate Variance Efficiency Variance Total Variance 10 11 Explanation for Efficiency variance: 12 13 4 Explanation for rate variance: 15 16 17 18 Labour - Residential 22 Actual Hours - AH Actual Hours - AH Standard Hours - SH 3 Actual Rate -AR Standard Rate -SR Standard Rate - SR 24 Total Total Rate Variance Efficiency Variance Total Variance Explanation for Efficiency variance: Explanation for rate variance: Flexible Budget | Var analysis- Static and Flex | Material Variance Labour Variance Input Database + Ready + 70% Type here to search O 9 N G T 20 0 30 C ~ 93 8 (7.41)) ENG 10:53 24-07-2021AutoSave . Off) Book1 2 - Saved Search Rachel Lawrence Rego RL X File Home Insert Page Layout Formulas Data Review View Help Share Comments & Cut _ AutoSum Calibri v 11 ~ A" A ae Wrap Text General X AY O [ Copy Fill Paste Conditional Format as Cell Insert Delete Format Sort & Find & Analyze Sensitivity 00 0 Format Painter BIUVA E Merge & Center Formatting > Table ~ Styles Clear Filter ~ Select Data Clipboard Font Alignment Number Styles Cells Editing Analysis Sensitivity F31 X Y A B D E F G H M N P Q R S Parameters - budget Quarters Parameters - actual AWN - Quarters Sales ( hours): Growth % 2 3 4 Year Quarter over quarter Budgeted total sales in hours 5 Sales ( hours): change> > 6 Budgeted commercial sales in hours Actual total sales 7 Budgeted residential sales in hours Actual sales - commercial Selling rate( $/hr): Actual sales - residential 9 Selling price per hour (commercial) Selling rate ( $/hr): 10 Selling price per hour (residential) Actual selling price - commercial 11 Actual sellling price - residential 12 Direct labour expense ( $/hr): 13 Direct labour expense ( $/hr): 14 Cleaning Supply usage ( litre / labour hour): 15 Commercial Actual Cleaning Supply usage ( litre / labour hour): 16 Residential Commercia 17 Residential 18 Cleaning Supply expense ( $/litre)): 19 Actual Cleaning Supply expense ( $/litre)): 20 Fixed overhead: 21 Receptionist Actual Fixed overhead: 22 Depreciation Receptionist 23 Gas Depreciation 24 Office Supplies Gas 25 Office Supplies 26 27 Total no. of hours actually paid to employees 28 Breakdown: 29 Commercial 30 Residential 31 Actual hours worked 32 Direct labour cost 33 Flexible Budget | Var analysis- Static and Flex | Material Variance | Labour Variance Input Database + Ready + 80% Type here to search O G T 3 0 30 C ~ D ( 8 (7 41) ENG 10:54 24-07-2021AutoSave . Off) Book1 2 - Saved Search Rachel Lawrence Rego RL X File Home Insert Page Layout Formulas Data Review View Help Share Comments & Cut Calibri v 11 ~ A A ae Wrap Text General X _ AutoSum AY O Fill Paste [A Copy Conditional Format as Cell Insert Delete Format Sort & Find & Analyze Sensitivity Format Painter E Merge & Center Formatting > Table ~ Styles Clear Filter ~ Select Data Clipboard Font Alignment Number Styles Cells Editing Analysis Sensitivity M3 X Y fix A B C D E F G H I K L M N 0 P Q R S T U V W X Y Z AA AB AC SUPER CLEAN Operating Budget for the period Jan - Dec '18 GUI A W N Quarters 1 2 3 4 Year Quarters 1 2 3 Year 7 Sales budget Direct material budget 8 Sales Commercial Variable costs commercial 9 Sales residential Variable costs residential 10 Total sales Total variable costs 11 12 13 Labour budget 14 Commercial 15 Residential OneDrive X Your OneDrive is full 16 Total labour 17 Get more storage to continue adding 18 files. 19 Flexible Budget Var analysis- Static and Flex | Material Variance | Labour Variance | Input Database Free up space Get more storage + Ready + 13% Type here to search O N G T 10:52 280C ~ D3 ( 41) ENG 24-07-2021
