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Pls answers these questions Sale is repair shop that run a business to fixing cars. The static budget and actual results for Jun 2019 are
Pls answers these questions
Sale is repair shop that run a business to fixing cars. The static budget and actual results for Jun 2019 are provided in the below table. There are two full time employees for in the repair shop. In addition at any given time, the manager also employs two other less experienced workers. It usually takes each employee 2 hours to fix a vehicle regardless of his experience The manager of Solo pays the expenenced employees $45 per vehicle and $25 for the other employees Budget Actual Car modification 410 360 Revenue 563,580 $72,000 Variable costs 1 - Cost of supplies 1386 1.260 2- Labor 7.920 6,830 Total variable cost 8,778 7.980 Contribution margin 49,742 47,020 Fixed cost 10.780 9,800 Operating income 38,962 37,220 How many cars on average did Solo budget for each employee? How many cars did each employee actually fixed? 1- 2. 3- Prepare a flexible budget for Jun 2019? Compute sales price variance and the labor efficiency variance for each labor type? Sale is repair shop that run a business to fixing cars. The static budget and actual results for Jun 2019 are provided in the below table. There are two full time employees for in the repair shop. In addition at any given time, the manager also employs two other less experienced workers. It usually takes each employee 2 hours to fix a vehicle regardless of his experience The manager of Solo pays the expenenced employees $45 per vehicle and $25 for the other employees Budget Actual Car modification 410 360 Revenue 563,580 $72,000 Variable costs 1 - Cost of supplies 1386 1.260 2- Labor 7.920 6,830 Total variable cost 8,778 7.980 Contribution margin 49,742 47,020 Fixed cost 10.780 9,800 Operating income 38,962 37,220 How many cars on average did Solo budget for each employee? How many cars did each employee actually fixed? 1- 2. 3- Prepare a flexible budget for Jun 2019? Compute sales price variance and the labor efficiency variance for each labor type
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