Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost difvers it uses in its budgeting
please help The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost difvers it uses in its budgeting and performance reports-the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 65 students enrolled in those two courses. Data concerning the company's cost formulas appear below: For example, administrative expenses shbuld be $3,900 per month plus $41 per course plus $6 per student. The company's sales should average $900 per student. The company planned to run four courses with a total of 65 students; however, it actually ran four courses with a total of only 55 students. The actual operating results for September appear below: Required: 1. Prepore the company's planning budget for September. 2. Prepare the company's flexible budget for September. 3. Calculate the revenue and spending variances for September
please help
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started