AutoSave OM D U Insert Design Layout References Arial 11 - A- A A BIU.ade X2 X A A CH9 HOME... - Saved to my Mac Q-Search in Document Mailings Review View A .E.. E + A . = = = : Styles Styles Pane CHAPTER 9 HOMEWORK NAME: _ 1. XYZ Corporation is a water well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for July Fixed Element per Variable Element Actual Total Month per Well Serviced for July Revenue $ 5,700 $ 145,100 Employee salaries and wages $ 50,300 $ 1,200 $ 79,300 Servicing materials 700 $ 12.200 Other expenses $ 31,600 $ 31,400 When the company prepared its planning budget at the beginning of July, it assumed that 20 wells would have been serviced. However, 22 wells were actually serviced during July. Show your work below. What is the activity variance for "Other expenses" for July ? $ What is the activity variance for Employee salaries and wages? $_ 2. ABC Corporation is a garbage container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Fixed Element per Month Variable Element per Container Revenue $ 5,300 Employee salaries and wages 55,100 900 Refurbishing materials 600 Other expenses 41,200 I When the company prepared its planning budget at the beginning of July, it assumed that 28 containers would have been refurbished. However, 26 containers were actually refurbished during July. What is the activity variance for total expenses for July? $ Show your work below. Circle: Favorable or Unfavorable age 1 of 2 495 words English (United States) Focus - 130 Insert A Format Tools m Insert Design Home Table Window Help D - - CH9 HOME. - Saved to my Mac Q. Search in Document Layout References Mailings Review View 11 . A- A A A E . . .. . . A . X , X A .A. 2 . . . Shar BIU 3. CLM Carpet Installation Corporation measures its activity in terms of square feet of carpet installed. Last month, the budgeted level of activity was 1,180 square feet and the actual level of activity was 1.270 square feet. The company's owner budgets for supply costs, a variable cost, at $3.50 per square foot. The actual supply cost last month was $4,980. in the company's flexible budget performance report for last month, what was the spending variance for supply costs? $ Show your work below. Circle: Favorable or Unfavorable 4. Connor Corporation is a service company that measures its output by the number of customers served. The company has provided the following foxed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for June. Fixed Element per Month Revenue Employee salaries and wages Travel expenses Other expenses $ 58,400 Variable Element per Customer Actual Total for June $ 5.500 5 169 700 $ 1.000 $ 83.200 $ 700 $ 18.500 41.900 $ 41,500 When the company prepared its planning budget for June at the end of May, it assumed that 21 customers would be served in June. However, 26 customers were actually served during June. Prepare a flexible budget performance report showing Connor Corporation's numbers for all 5 columns below. Label the variance columns properly in the report below and show both the dollar amount and the symbol (For U) for each variance Conor Corp Flexible Budget Performance Report English (United States 3 D Page 1 of 2 495 words Focus - Insert . ome Format Tools Table Window Help AutoSave O D BO J O . CHS HOME - Saved to my Mac Q-Search in Document Insert Design Layout References Mailings Review View Arial 11 A A A A EE.. A BIU.abe X, XA. 4. Connor Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for June. Fixed Element per Month $ 58,400 Revenue Employee salaries and wages Travel expenses Other expenses Variable Element Actual Total for June per Customer 6,500 $ 169,700 $ 1,000 $ 83,200 $ 700 $ 18.600 41.900 $ 41,500 When the company prepared its planning budget for June at the end of May, it assumed that 21 customers would be served in June. However, 26 customers were actually served during June. Prepare a flexible budget performance report showing Connor Corporation's numbers for all 5 columns below. Label the variance columns property in the report below and show both the dollar amount and the symbol (For U) for each variance Connor Corp Flexible Budget Performance Report For the Month Ended June 30 POUR Rais Flexible Budget Terience Budget Customers served Expenses Employee sales and was Travel expenses 2 2 495 Words Engured States Insert Format Tools Table Window Help DB U C HS HOME. - Saved to my Mae - Search in Document Insert Design Layout References Mailings Review View AAN EEE... S O BIU.he X, X A. A . Comer Corp Flexible Budget Performance Report For the Month Ended June 30 Results Variances Flexible Budget Variances Pong Budge Customer served Reven Expenses Employee salaries and wages Travel expenses Other expenses Total expense Net operating income - Page 2 of 2 495 words 9 English punited States). Focus