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Check my work Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,600 pounds of oysters in August.
Check my work Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,600 pounds of oysters in August. The company's flexible budget for August appears below. Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (9) 7,600 Revenue ($4.059) $ 30,780 Expenses: Packing supplies ($0.30q) 2,280 Oyster bed maintenance ($3,100) 3,100 Wages and salaries ($2,400 + $0.25q) 4,300 Shipping ($0.65q) 4,940 Utilities ($1,290) 1,290 Other ($480 + $0.019) 556 Total expense 16,466 Net operating income $ 14,314 The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities 7,600 $ 27,200 2,450 2,960 4,710 4,670 1.100
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