Question 55

Compare the flexible budget and actual costs below. Is the federal
license fee variance favorable, unfavorable or meets budget.
Actual Costs - 120 charters			Actual	Budget
Overhead Costs			130	130
Variable overhead costs:
Cleaning			$6,500	$7,000
Maintenance			$3,000	$2,800
Park usage fees			$1,500	$1,100
Fixed overhead costs:
Salaries and wages			$11,000	$9,000
Depreciation			$2,000	$3,000
Federal license fee			$1,000	$1,000

		Favorable.
		Unfavorable.
		Meets budget.

1 points

Question 56

Compare the flexible budget and actual costs below.
Calculate the park depreciation variance.
Actual Costs - 130 charters			Actual	Budget
Overhead Costs			130	130
Variable overhead costs:
Cleaning			$6,500	$7,000
Maintenance			$3,000	$2,800
Park usage fees			$1,500	$1,100
Fixed overhead costs:
Salaries and wages			$11,000	$9,000
Depreciation			$2,000	$3,000
Federal license fee			$1,000	$1,000

		$400
		$500
		$200

1 points

Question 57

Given the scenario below what is the budgeted park usage fees at 130 charters.
Overhead Costs
Variable overhead costs:			Per Unit Budget
Cleaning			$45.00 per charter
Maintenance			$35.00 per charter
Park usage fees			$15.00 per charter

		$5,850
		$4,550
		$1,950