(Click the icon to view the employee information.) Jennifer Bailey has run Remedial Maids, a specialty cleaning service for medical and dental offices, for the past 10 years. Her static budget and actual results for April 2017 are shown below. (Click the icon to view the actual and budgeted income statements.) Read the requirements. Requirement 1. How many offices, on average, did Bailey budget for each employee? How many offices did each employee actually clean? Determine the formula to show how many offices, on average, the employees cleaned. (X = number of offices cleaned by experienced employee, Y = number of offices cleaned by both less experienced employees) (Click the icon for information regarding the formula selections.) ( x )+(1 Y ) = Requirements - Formula labels 1. 2. 3. How many offices, on average, did Bailey budget for each employee? How many cars did each employee actually detail? Prepare a flexible budget for April 2017. Compute the sales price variance and the labor efficiency variance for each labor type. What information, in addition to that provided in the income statements, would you want Bailey to gather, if you wanted to improve operational efficiency? A Contribution margin B Labor costs C Operating income D Revenue E Wage paid to experienced employee per office F Wage paid to less experienced employees per office 4. Print Dane - Data Table Remedial Maids Actual and Budgeted Income Statements For the Month Ended April 30, 2017 Budget Actual 260 300 Offices cleaned $ Revenue 44,200 $ 61,500 Variable costs: Costs of supplies 1,300 7,800 1,600 9,600 Labor Total variable costs 9,100 11,200 Contribution margin 35,100 9,400 50,300 9,400 Fixed costs $ 25,700 $ 40,900 Operating income (Click the icon to view the employee information.) Jennifer Bailey has run Remedial Maids, a specialty cleaning service for medical and dental offices, for the past 10 years. Her static budget and actual results for April 2017 are shown below. (Click the icon to view the actual and budgeted income statements.) Read the requirements. Requirement 1. How many offices, on average, did Bailey budget for each employee? How many offices did each employee actually clean? Determine the formula to show how many offices, on average, the employees cleaned. (X = number of offices cleaned by experienced employee, Y = number of offices cleaned by both less experienced employees) (Click the icon for information regarding the formula selections.) ( x )+(1 Y ) = Requirements - Formula labels 1. 2. 3. How many offices, on average, did Bailey budget for each employee? How many cars did each employee actually detail? Prepare a flexible budget for April 2017. Compute the sales price variance and the labor efficiency variance for each labor type. What information, in addition to that provided in the income statements, would you want Bailey to gather, if you wanted to improve operational efficiency? A Contribution margin B Labor costs C Operating income D Revenue E Wage paid to experienced employee per office F Wage paid to less experienced employees per office 4. Print Dane - Data Table Remedial Maids Actual and Budgeted Income Statements For the Month Ended April 30, 2017 Budget Actual 260 300 Offices cleaned $ Revenue 44,200 $ 61,500 Variable costs: Costs of supplies 1,300 7,800 1,600 9,600 Labor Total variable costs 9,100 11,200 Contribution margin 35,100 9,400 50,300 9,400 Fixed costs $ 25,700 $ 40,900 Operating income
