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Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company havested and sold 7 . 3 0 0 pounds of oysters in August.
Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company havested and sold pounds of oysters in August. The company's flexible budget for August appears below:
Quilcene Oysteria
flexible Budget
The actual results for August were as follows:
Requlred:
Calculate the company's revenue and spending variances for August
Note: Indlcote the effect of each verlance by selecting F for favorable, U for unfovoroble, ond "None" for no effect le zero verlance Input oll amounts os positlve values.
tableQuilcene Oysteria,,Revenue and Spending Variances,,For the Month Ended August RevenueExpenses:Packing supplies,,Oyster bed maintenance,,Wages and salanes,,ShippingUtilitesOtherTotal expenses,,Net operating income,,
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