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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harved and sold 7,300 pounds of oysters in August. The company's flexible
Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harved and sold 7,300 pounds of oysters in August. The company's flexible budget for August appears below: Quil bysteria Flexie Budget For the Month Ended August 31 Actual pounds (9) Revenue ($4.20q) 7,300 $30,660 Expenses: Packing supplies 150,25g) 1,825 Oyster bed maintenance ($3,100) 3.100 Mages and salaries ($2,400 +50.450) 5,685 Shipping (50.60g) 4,380 Utilities ($1,268) 1,260 Other ($450 50.01g) 523 Tutal expense 16,773 Net operating Incone $13,887 The actual results for August were as follows Quilcene Dysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: Packing supplies Dyster bed maintenance Wages and salaries Shipping 7.300 $ 26,600 1,995 2,060 6,095 4,110 Utilities Other 1,070 1,143 Total expense 17,373 Net operatino incone 59,227
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