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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August. The company's flexible

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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (g) Revenue ($4.15g) Expenses: Packing supplies ($0.30g) Oyster bed maintenance ($3,300) Wages and salaries ($2,000+ $0.30g) Shipping ($0.65g) Utilities ($1,230) Other ($430 + $0.01q) Total expense Net operating income The actual results for August were as follows: Quilcene Oysteria Income Statement For the Month Ended August 31 7,400 $ 30,710 2,220 3,300 4,220 4,810 1,230 504 16,284 $ 14,426 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income 7,400 $ 27,000 2,390 3,160 4,630 4,540 1,040 1,124 16,884 $ 10,116

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