Hello,

I'm seeking some assitance with flexiable budget variance with the following:

Many thanks

Garcia and Buffet, a local CPA rm, has budgeted $100 000 in xed expenses per month for the tax department. It has also budgeted variable costs of $5 per tax return prepared for supplies, $35 per retum for labour, and $10 per return for computer time. The rm expects revenue from tax return preparation to be $300 000, based on 2000 tax returns at $150 each. During the current month, 1850 tax returns were actually prepared, at an average fee of $147 each. Actual variable costs were $9100 for supplies, $65 000 for labour, and $18 000 for computer time. Actual xed costs were $100 000