Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000...
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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 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 (9) Revenue ($4.15g) Expenses: Packing supplies ($0.30g) Oyster bed maintenance ($3,400) Wages and salaries ($2,400 $0.35g) Shipping ($0.65g) Utilities ($1,240) Other ($490 $0.010) Total expense Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense 8,000 $ 26,500 2,570 3,260 5,610 4,930 1,050 1,190 18,610 $ 7,890 8,000 $ 33,200 2,400 3,400 5,200 5,200 1,240 570 18,010 $ 15,190 Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 8,000 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 (9) Revenue ($4.15g) Expenses: Packing supplies ($0.30g) Oyster bed maintenance ($3,400) Wages and salaries ($2,400 $0.35g) Shipping ($0.65g) Utilities ($1,240) Other ($490 $0.010) Total expense Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense 8,000 $ 26,500 2,570 3,260 5,610 4,930 1,050 1,190 18,610 $ 7,890 8,000 $ 33,200 2,400 3,400 5,200 5,200 1,240 570 18,010 $ 15,190
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