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please show calculations clearly if it is possible in excel Q#3-10 points Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested
please show calculations clearly if it is possible in excel
Q#3-10 points Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) ... 8,000 Revenue ($4.00) $32,000 Expenses: Packing supplies ($0.500) 4,000 Oyster bed maintenance ($3,200) 3.200 Wages and salaries ($2,900 $0.300) 5.300 Shipping ($0.809) 6.400 Utilities (5830) Other ($450 $0.059) 850 830 Total expense 20,580 Net operating income $11,420 The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 8,000 Revenue $35,200 Expenses: Packing supplies 4.200 Oyster bed maintenance 3.100 Wages and salaries 5.640 Shipping 6.950 Utilities 810 Other 980 Total expense 1 21.680 Net operating income $13,520 Required: Prepare a report showing the company's revenue and spending variances for AugustStep by Step Solution
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