Question
The Planning Budget for the Johnny Pickles Brewing Company is presented Below. The units of activity are barrels of beer. Projected number of barrels 91
The Planning Budget for the Johnny Pickles Brewing Company is presented Below. The units of activity are barrels of beer.
| Projected number of barrels | 91 |
| Revenue | $9,473 |
| Variable Expenses: | |
| Supplies | $1,593 |
| Wages | $1,995 |
| Overhead | $609 |
| Fixed Expenses | |
| Supplies | $202 |
| Fixed Wages | $355 |
| Fixed OH | $982 |
The actual number of barrels sold during the month was 108. What is the planning budget net operating income based on the information above? Round your answer to the nearest whole dollar.
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Financial Accounting Reporting Analysis And Decision Making
Authors: Shirley Carlon, Rosina Mcalpine, Chrisann Lee, Lorena Mitrione, Ngaire Kirk, Lily Wong
7th Edition
0730395294, 978-0730395294
