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The question is to prepare a cost balance sheet. (cost driver = FTEs) Quartley Budget Cost Data Q1 Q2 FTEs 25 28 Revenue $64,042.00 $71,358.00
The question is to prepare a cost balance sheet. (cost driver = FTEs)
| Quartley Budget Cost Data | Q1 | Q2 |
| FTEs | 25 | 28 |
| Revenue | $64,042.00 | $71,358.00 |
| Expenses: | ||
| HQ Assesments | 14936 | 14398 |
| Deprication | 501 | 501 |
| Food & Catering | 1044 | 471 |
| Licensce &Permits | 20 | 124 |
| Insurance | 1227 | 1230 |
| Maintenance & Repair | 2251 | 1957 |
| Office Supplies | 441 | 446 |
| Personnel | 26782 | 26440 |
| Property Tax | 1790 | 1983 |
| Rent | 14664 | 14664 |
| School Expense | 198 | 213 |
| Taxes | 640 | 702 |
| Telephone | 1373 | 789 |
| Training | 100 | 0 |
| Utilities | 1765 | 3175 |
| Total Expense | $67,732.00 | $67,093.00 |
| Net Income (Loss) | $(3,690.00) | $4,265.00 |
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
