Question
Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,300 Revenue ($4.25g) $31,025 Expenses: Packing supplies ($0.30g) 2,190 Oyster bed
Quilcene Oysteria Flexible Budget For the Month Ended August 31 Actual pounds (q) 7,300 Revenue ($4.25g) $31,025 Expenses: Packing supplies ($0.30g) 2,190 Oyster bed maintenance ($3,400) 3,400 Wages and salaries ($2,300 + $0.30g) 4,490 Shipping ($0.60g) 4,380 Utilities ($1,230) 1,230 Other ($400 + $0.01g) 473 Total expense 16,163 $14,862 Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds 7,300 Revenue $27,000 Expenses: Packing supplies 2,360 Oyster bed maintenance 3,260 Wages and salaries 4,900 Shipping 4,110 Utilities Other 1,040 1,093 Total expense 16,763 Net operating income $ 10,237
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