tive 5) Stone Canyon Muffins sells its muffins to restaurants and cottee houses for an average selling price of $27 per case. The following information relates to the budget for Stone Canyon Muffins for this year (all figures are annual totals unless otherwise noted): Budgeted sales in cases Packaging cost per case Shipping expense per case..... Sales commission expense Salaries expense....... Office rent.... Depreciation .... Insurance expense.... Office supplies expense During the year, Stone Canyon Muffins actually sold 9,500 cases, resulting in total sales revenue of $264,100. Actual expenses (in total) from this year are as follows: Packaging cost...... Shipping expense.. Sales commission expense Salaries expense Office rent ..... Depreciation...... 9,300 cases $4.00 $2.00 1% of sales price $7,000 $3,800 $2,600 $2,500 $ 600 Insurance expense Office supplies expense...... $39,300 $21,800 $ 2,641 $ 8,500 $ 3,800 $ 2,600 $ 2,300 $ 1,300 Requirement Construct a flexible budget performance report for Stone Canyon Muffins for the year. sure to indicate whether each variance is favorable (F) or unfavorable (U).

Stone Canyon Muffins sells its muffins to restaurants and coffee houses for an aver 5 ) selling price of $27 per case. The following information relates to the budget for St e Canyon Muffins for this year (all figures are annual totals unless otherwise noted): During the year, Stone Canyon Muffins actually sold 9,500 cases, resulting in total sales revenue of $264,100. Actual expenses (in total) from this year are as follows: Requirement Construct a flexible budget performance report for Stone Canyon Muffins for the year: Bt sure to indicate whether each variance is favorable (F) or unfavorable (U). E10-43B Prepare a flexible Stone Canyon Muffins sells its muffins to restaurants and coffee houses for an avera selling price of $27 per case. The following information relates to the budget for stige During the year, Stone Canyon Muffins actually sold 9,500 cases, resulting in total sales revenue of $264,100. Actual expenses (in total) from this year are as follows: Requirement Construct a flexible budget performance report for Stone Canyon Muffins for the year, Be sure to indicate whether each variance is favorable (F) or unfavorable (U)