= Homework: HW 5 (CH 7, 8, & 11) Question 3, P7-35 (simil... Part 2 of HW Score: 61.6%, 15.4 of 25 points Points: 0.4 of 4 Save (Click the Jan Bennett has run Helping Hand 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.) Formula labels Read the regu Requirement 1. How many offices, on average, did Bennett budget for each employee? How many offices did each employee actually clea Determine the formula to show how many offices, on average, the employees cleaned, (X = number of offices cleaned by experienced emp (Click the icon for information regarding the fomula selections.) 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 ( E x )+1 F Y ) = B - X Data table Next, calculate the budgeted and actual number of offices for each employee type. Budgeted Actual number of offices number of offices Experienced employee Less experienced employees - Requirements Helping Hand Maids Actual and Budgeted Income Statements For the Month Ended April 30, 2017 Budget Actual 290 320 Offices cleaned Revenue $ 55,100 S 68.800 Variable costs: Costs of supplies 1.450 2.225 Labor 7.540 7.940 1. 2. 3. How many offices, on average, did Bennett 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 Bennett to gather, if you wanted to improve operational efficiency? 8,990 10.165 Total variable costs 4 Contribution margin 48, 110 9,900 58,635 9,900 Fixed costs $ 48.735 Operating income 36.210 S Print Done Help me sd Print Done