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Stevie McQueen has run In - A - Flash Car Detailing for the past 10 years. His static budget and actual results for June 201:3

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Stevie McQueen has run In - A - Flash Car Detailing for the past 10 years. His static budget and actual results for June 201:3 are provided below. Stevie has one employee who has been with him for all 10 years that he has been in business. In addition, at any given time he also employs two other less experienced workers. It usually takes each employee 2 hours to detail a vehicle, regardless of his or her experience. Stevie pays his experienced employee $40 per vehicle and the other two employees $20 per vehicle. There were no wage increases in June. EB (Click the icon to view the actual and budgeted income statements.) Read the requirements. Requirement 1. How many cars, on average, did Stevie budget for each employee? How many cars did each employee actually detail? Determine the formula to show how many cars, on average, the employees detailed. (X- number of cars detailed by experienced employee, Ynumber of cars detailed by both short-term employees) (Click the icon for information regarding the formula selections.) In-A-Flash Car Detailing Actual and Budgeted Income Statements for the Month Ended June 30, 2013 Budget Actual 280 250 Cars detailed Revenue Variable costs $ 35,000$47,600 1,950 7,200 9,150 38,450 9,300 $17,450$ 29,150 1,750 6,500 8,250 26,750 9,300 Costs of supplies Labor Total variable costs Contribution margirn Fixed costs Operating income -X Requirements 1. How many cars, on average, did Stevie budget for each employee? How many cars did each employee actually detail? 2. Prepare a flexible budget for June 2013. 3. Compute the sales price variance and the labor efficiency variance for each labor type. 4. What information, in addition to that provided in the income statements, should Stevie gather in order to improve operational efficiency

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