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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 northem climates to grow small vegetable gardens in basements on a year round basis. Planning Budget 1,639 Actual Results 1,524 $194,622 $166,755 22,883 25,418 31,168 32,754 22,694 28,168 Quantity Sales Materials - Variable Labor - Variable Labor - Fixed Overhead - Variable Overhead - Fixed Delivery - Variable Rent - Fixed Depreciation - Fixed 19,806 18,206 10,242 10,265 10,425 9,533 2.168 2,168 $6,489 $6,489 What is the projected net income from the planning budget? Your answer should be to the nearest whole dollar
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