Score: 0 of 6 pts 6 of 7 (6 complete) HW Score: 65.4%, 29.43 of 45 pts E10-26A (similar to) Question Help O Sweet Muffins sells its muffins to restaurants and coffee houses for an average selling price of $31 per case. The following information relates to the budget for Sweet Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget information.) During the year, Sweet Muffins actually sold 8,900 cases, resulting in total sales revenue of $284.100. Actual expenses (in total) from this year are as follows: (Click the icon to view the actual expenses.) Requirement Construct a flexible budget performance report for Sweet Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Sweet Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget Volume 8,900 cases Variance 8,900 cases Variance Master Budget 8,200 cases Sales revenue ($31 per case) 284100 Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts Clear All Check Answer remaining 0 .6:54 Score: 0 of 6 pts 6 of 7 (6 complete) HW Score: 65.4%, 29.43 of 45 pts E10-26A (similar to Question Help Sweet Muffins sells its muffins to restaurants and coffee houses for an average selling price of $31 per case. The following information relates to the budget for Sweet Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget information.) During the year, Sweet Muffins actually sold 8,900 cases, resulting in total sales revenue of $284, 100. Actual expenses (in total) from this year are as follows: E (Click the icon to view the actual expenses.) i Data Table Requirement Construct a flexible budget performance report for Sweet Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) x - Data Table X Flexible Budget Perform For the 8,200 cases $ get Budgeted sales in cases .... Packaging cost per case....... Shipping expense per case ..... Sales commission expense..... Salaries expense ... Office rent cases Packaging cost .............. Shipping expense Sales commission expense ..... Salaries expense Office rent Depreciation Insurance expense........... Office supplies expense ... 9,700 47,400 8,523 6,900 3,900 2,700 1,100 1,300 3% of sales price $ 6,700 $ 3.900 $ 2,700 $ 1.600 $ 600 Sales revenue ($31 per case) Choose from any list or enter any number in the in ......$ Depreciation ........ Insurance expense.... Office supplies expense 2 parts remaining Print Check Answer Done
