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Complete the Flexible Budget column for Company C for the month of March. Then answer the questions that follow: Company C Repairs (Q) (number of
Complete the Flexible Budget column for Company C for the month of March. Then answer the questions that follow: Company C Repairs (Q) (number of repairs) Revenue ($100.00*Q) Expenses: Wages and salaries $500+ (20.00*Q) Office Expense ($25+ $12*Q) Machine Rental Expenses $1000+ (5.00*Q) Utility Expenses Total expenses Net operating income Actual Results 100 ($) $11,000 2,500 1,000 2,500 1,000 7,000 $4,000 Revenue and Spending Variance Flexible Budget ? ($) ? ? ? ? ? ? ? Activity Variance Master or Planning Budget 95 ($) ? 2. ? ? ? ? ? ? Ri
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