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Please show work for all steps as well, Thanks! Amazing Muffins sells its muffins to restaurants and coffee houses for an average selling price of
Please show work for all steps as well, Thanks!
Amazing Muffins sells its muffins to restaurants and coffee houses for an average selling price of $31 per case. The following information relates to the budget for Amazing Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget information.) During the year, Amazing Muffins actually sold 9,800 cases, resulting in total sales revenue of $311 ,000. Actual expenses (in total) from this year are as follows: (Click the icon to view the actual expenses.) Amazing Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Requirement Construct a flexible budget performance report for Amazing Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Data Table Budgeted sales in cases ..... Packaging cost per case . Shipping expense per case $ Sales commission expense 9,200 cases 3 Actual 9,800 cases Flexible Budget Variance Flexible Budget 9,800 cases Volume Variance Master Budget 9,200 cases Sales revenue ($31 per case) Choose from any list or enter any number in the input fields and then click Check Answer. print 5% of sales price Done O Data Table Packaging cost . Shipping expense. Sales commission expense ...... Salaries expense... Office rent Depreciation Insurance expense Office supplies expense ........ x 30, 100 12,600 15,550 7, 700 3,600 2,600 1 ,ooo 1 ,200
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