Chrome File Edit View History Bookmarks Profiles Tab Window Help #603 10 1 . Nashare Red Sum 4:11 PM hip Home o Mall - Comela Reid - Outle: x ] Homework Help - ORA from X + C exto.mheducation.com/ext/map/index.html?_con-con&external_browser-O&launchUrl-httpsx2534%252FX262Flims./heducation.com%252Fmgh. 0 # > Apps Global Campus Ad- ) Global Campus Ac.. & Signh d Extensions Homework j LeadManager - Le. ) HUH Central Logha ) New Tab ) Global Campus Ad- Wk 4 - Practice: Planning. Coordinating. and Contr. Help Save & Exit Submit Check my work The Gibson Management Association hold its annual public relations luncheon In April Year 2. Based on the previous year's results, the organization allocated $25,128 of its operating budget to cover the cost of the luncheon. To ensure that costs would be appropriately controlled, Molly Hubbard, the treasurer, prepared the following budget for the Your 2 luncheon. 20 The budget for the luncheon was based on the following expectations point I. The meal cost per portion was expected to be $12.60. The cost driver for meals was attendance, which was expected to be 1,480 2. Postage was based on $0.60 por Invitation and 3,400 invitations were expected to be malled. The cost driver for postage was number of invitations malled. 3. The facility charge is $1.800 for a room that will accommodate up to 1.600 people: the charge for one to hold more than 1,600 people is $2.300. 4. A ford amount was designated for printing, decorations, the speaker's gift, and publicity. GIBSON MANAGEMENT ASSOCIATION Public Dolation Luncheon Badjet Smell Tear 2 Next MG 7116.pg ING 7115 09 9 79 WW MacBook AirHome Content 5 Question 1 - Wk 4 - Practice: X 0 Mail - Cornelia Raid - Outloo X C ezto.mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchUrl=https%2534%252F%252Fims.mheducation.co Apps ) Global Campus Ad... = Global Campus Ad.. () Sign in Extensions Homework LeadManager - Lo. ) HMH Central Login 3) N Wk 4 - Practice: Planning, Coordinating, and Contr.. Saved 4. A fixed amount was designated for printing, decorations, the speaker's gift, and publicity. GIBSON MANAGEMENT ASSOCIATION Public Relations Luncheon Budget 20 April Year ? points Operating funds allocated 425.328 Exponnen Variable costs Heals (1, 480 . $12.60) 10,648 Postage (3, 490 . 0.60) 2.040 Fixed conte Prin Facility Printing 1,030 References Decorations 920 Speaker's gift 310 Publicity Total expenses Budget surplus (deficit) MC Pray 1 of 1 6 10 7119.03 IMG_7118 1pa ING 7113 pa EX 29 MacBook Allezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUri=https:$253432528%252Films.mhec i Apps Global Campus Ad... Global Campus Ad- 9 Sign In ) Extensions a Homework LeadManager - Lo.. . HMH Central Le Wk 4 - Practice: Planning, Coordinating, and Contr... Actual results for the luncheon follow. GIBSON MANAGEMENT ASSOCIATION 20 Actual Results for Public Relations Luncheon April Year 2 points Operating funds allocated $25. 328 Variable costs Koala (1, 700 . #13. 30) 23,610 Pontago (4, 400 8 0.60] 7, 640 Prim Fixed costs Facility 2, 300 Printing 1,030 Decorations Speaker's gift Publicity Total capenton Budget deficit Mc Pray 1 of 1 IMG 7119.108 MG 7117 Jpa L X 29 MacBook AirChrome File Edit View History Bookmarks Profiles Tab Window Help #607 0 24Nishan Red S Home Content Question 1 - Wk 4 - Practice > Mil - Comela Red - Outloo * ) Homework Help - OLA me erto.mheducation.com/ext/map/index.html?_con-con&external_browser-Q&launchUrl-httpsX253AM252PX252FIms.mheducation.com*252Fmgh_ 0 # Apps Global Campus Ad! ) Global Campus Ad (9 Signla d Externions Homework LeadManager - Lo. () HVH Central Login ) New The () Global Campus Wk 4 - Practice: Planning. Coordinating, and Contr.. ) Help Save & Esh Check my Reasons for the differences between the budgeted and actual dats follow. The president of the organization, Rodney Snow, Increased the invitation list to Include 1,090 former members. As a result, 4,400 20 Invitations were mailed. 2. Attendance was 1,700 Individuals. Because of higher than expected attendance, the luncheon was moved to a larger room, thereby increasing the facility charge to$2,300 3. At the Last minute, Ms. Hubbard decided to add a dessert to the menu, which Increased the meal cost to $13.3 per person. 4. Printing. decorations, the speaker's gift, and publicity costs were as budgeted. Required: a. Prepare s flexible budget and compute the sales and variable cost volume variances based on a comparison between the mister budget and the flexible budget b. Compute flexible budget variances by comparing the flexible budget with the actual results. Complete this question by entering your answers in the tabs below. Pray 1 of 1 H Next SING 7116 pa ING_7119 523 IMG THIB DO X 29 MacBook AirChrome Ka Home Content ation 1 4 - Practice of Mall - Complia Reld - Outloo X o Homework Help - CLA from * C erto.mheducation.com/ext/map/index.html_con-condense UM-hitpa%2534%252FX252Films.mheducation.com*252Fingh. 0 #8 > pps Cobal Campus Ad.. ) Global Campus Ad.. @ Signin Extensions Homework $ LeadManager - Lo.. ) HWH Central Login ) New Tob ] Global Campus Ad.. Wk 4 - Practice: Planning. Coordinating, and Contre. Saved Help Save & Echt Sub- Check my work Required A Required A Prepare a flexible budget and compute the sales and variable cost volume variances based on a comparison between the 20 master budget and the flexible budget. (Indicate the effect of each variance by selecting "F for favorable, "U" for unfavorable, and "None" for no effect (I.c., zero vanence).) Master Budget Flexible Budget . Volume Variance Ago sed finds Pain 2040 Facility 1,500 1.090 Graw Pray Next ING THD-jog IMG 7117.pa X 29 MacBook AirChrome File Edit View History Bookmarks Profiles Tab Window Help #607 102 )Nashara Reid Ka Home Content Ourstion 1 - Wx 4 - Practice: * Of Mill - Complain Reid - Outloo x O Homework Help - QLAM ezto.mheducation.com/ext/map/index.html?_ browser-0.launchUrl-httpsx253AX252FX252FIms.mheducation.comX252Fmgh. 1 # Apps Global Campus Ad- E Global Campus Ad.. Sign in Extensions is Homework LeadManager - Lo. @) HUH Central Logh () New Tab Giscal Campus Wk 4 - Practice: Planning, Coordinating, and Contra Sered Help Save & Eddi Check my Alocated lunds 34,328 Variable mporder 18.648 20 Postage Fled moponses Fuckly 1.100 Printing 1.030 Prim Speaker's of 218 Total japanese Required B > Me Graw ING 3119 /pg ING 7918.Jog X 29 MacBook Air