Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

recreate the schedule below, completing any missing values showing work. Lavage Flexible Budget Performarre Report For the Month Ended August 31 ktiv/ty Variances Cars washed

recreate the schedule below, completing any missing values showing work. image text in transcribed

Lavage Flexible Budget Performarre Report For the Month Ended August 31 ktiv/ty Variances Cars washed Revenue ($4.90q) Expenses: aeaning supplies ($0.80q) . Electricity ($1,200 + Maintenance (SO.20q)......... Wages salanes ($5,000 + so.3Dq) Depreciation ($6,000) . Rent ($8,000). . Administrative (94,000 + $0.10q) Total Net operatinq income ......................... Actual Results 8,8CO $93.080 8,500 6,000 Variances 520 0 0 u u u Fl-eob/e 8,800 7. c-40 2,520 1,760 7,640 6,041) 160 30 40 F Aanniry Aget 7,200 2,550 1,800

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting And Reporting

Authors: Barry Elliott, Jamie Elliott

3rd Edition

0139488944, 978-0139488948

More Books

Students also viewed these Accounting questions

Question

=+ Is the information source free from bias on the subject?

Answered: 1 week ago

Question

=+ Is the information source knowledgeable about the subject?

Answered: 1 week ago

Question

=+2. How will it be used?

Answered: 1 week ago