Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Bourne Free Animal Shelter provides food and shelter for stray and abused dogs. The projected consumption of food is 3 pounds per day per
The Bourne Free Animal Shelter provides food and shelter for stray and abused dogs. The projected consumption of food is 3 pounds per day per dog. The clinic estimates the cost of the food will be $0.85 per pound. It has budgeted feeding an average of 90 dogs per day. This means that it expects to use 3 pounds of food per dog, per day on average. The clinic actually fed an average of 120 dogs per day. Each dog consumed 3.5 pounds of food and the average price per pound of food was $0.65. Indicate whether each of the variances is favorable or unfavorable. a. Bourne's total daily_food-expense variance b. the portion of the daily_food-expense variance that was due to volume c. the portion of the daily_food-expense variance that was due to quantity d. the portion of the daily_food-expense variance that was due to cost The Bourne Free Animal Shelter provides food and shelter for stray and abused dogs. The projected consumption of food is 3 pounds per day per dog. The clinic estimates the cost of the food will be $0.85 per pound. It has budgeted feeding an average of 90 dogs per day. This means that it expects to use 3 pounds of food per dog, per day on average. The clinic actually fed an average of 120 dogs per day. Each dog consumed 3.5 pounds of food and the average price per pound of food was $0.65. Indicate whether each of the variances is favorable or unfavorable. a. Bourne's total daily_food-expense variance b. the portion of the daily_food-expense variance that was due to volume c. the portion of the daily_food-expense variance that was due to quantity d. the portion of the daily_food-expense variance that was due to cost
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started