Exercise 9-12 and 9-14
EXERCISE 9-11 Flexible Budget LO9-1 Refer to the data for Lavage Rapide in Exercise 9-10. The company actual washed 8,800 cars in August. Using Exhibit 9-5 as your guide, prepare the company's flexible budget for Augu EXERCISE 9-12 Activity Variances LO9-2 August Using Exhibit 9-5 as your guide, prepare the company's f Refer to the data for Lavage Rapide in Exercise 9-10. The company actually washed 8,80 Calculate the company's activity variances for August. (Hint: Refer to Exhibit 9-6) Required: nue and Spending Varlances LO9-3 EXERCISE 9-13 Reve Refer to the data for Lavage Rapide in Exercise 9-10. Also ating results for August are as follows: assume that the company's actual oper- Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed Revenue Expenses 8,800 $43,080 Cleaning supplies Electricity Maintenance Wages and salaries.. Depreciation Rent Administrative expenses .. 7,560 2,670 2,260 8,500 6,000 8,000 4,950 39,940 $ 3,140 Total expense. Net operating income Required: Calculate the company's revenue and spending variances for August. (Hint: Refer to EXERCISE 9-14 Prepare a Flexible Budget Performance Report Lo9-A Refer to the data for Lavage Rapide in Exercises 9-10 and 9-13. Required: Using Exhibit 9-8 as your guide, prepare a flexible budget performance report pany's revenue and spending variances and activity variances for August. e report that shows the com- EXERCISE 9-15 Flexible Budget Performance Report in a Cost Center LO9-1, L09- Packaging Solutions Corporation manufactures and sells a wide variety get d m Performance reports are prepared monthly for each department. The planninga is the budget for the Production Department are based on the following formulas, W of labor-hours worked in a month: of EXERCISE 9-11 Flexible Budget LO9-1 Refer to the data for Lavage Rapide in Exercise 9-10. The company actual washed 8,800 cars in August. Using Exhibit 9-5 as your guide, prepare the company's flexible budget for Augu EXERCISE 9-12 Activity Variances LO9-2 August Using Exhibit 9-5 as your guide, prepare the company's f Refer to the data for Lavage Rapide in Exercise 9-10. The company actually washed 8,80 Calculate the company's activity variances for August. (Hint: Refer to Exhibit 9-6) Required: nue and Spending Varlances LO9-3 EXERCISE 9-13 Reve Refer to the data for Lavage Rapide in Exercise 9-10. Also ating results for August are as follows: assume that the company's actual oper- Lavage Rapide Income Statement For the Month Ended August 31 Actual cars washed Revenue Expenses 8,800 $43,080 Cleaning supplies Electricity Maintenance Wages and salaries.. Depreciation Rent Administrative expenses .. 7,560 2,670 2,260 8,500 6,000 8,000 4,950 39,940 $ 3,140 Total expense. Net operating income Required: Calculate the company's revenue and spending variances for August. (Hint: Refer to EXERCISE 9-14 Prepare a Flexible Budget Performance Report Lo9-A Refer to the data for Lavage Rapide in Exercises 9-10 and 9-13. Required: Using Exhibit 9-8 as your guide, prepare a flexible budget performance report pany's revenue and spending variances and activity variances for August. e report that shows the com- EXERCISE 9-15 Flexible Budget Performance Report in a Cost Center LO9-1, L09- Packaging Solutions Corporation manufactures and sells a wide variety get d m Performance reports are prepared monthly for each department. The planninga is the budget for the Production Department are based on the following formulas, W of labor-hours worked in a month: of
