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Potted Plants, a manufacturer of indoor gardening equipment, has presented the following budgetary and actual information about their latest product innovation, the Total Home Control
Potted Plants, a manufacturer of indoor gardening equipment, has presented the following budgetary and actual information about their latest product innovation, the Total Home Control system. It's a complete package that allows aspiring gardeners in northern climates to grow small vegetable gardens in basements on a year round basis. Planning Budget Actual Results 1,970 1,520 $187,525 $163,404 26,059 26,752 35,382 31,741 25,032 26,052 Quantity Sales Materials - Variable Labor - Variable Labor - Fixed Overhead - Variable Overhead - Fixed Delivery - Variable Rent - Fixed Depreciation - Fixed 18,136 19,467 10,014 11,903 10,143 10,212 2,473 2,473 $6,367 $6,367 What is actual net income for the Potted Plants company for the period? Your answer should be to the nearest whole dollar
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