Question
You are given information about the budgeted and realized operating results for the pankras cafe company. Pankras express caf Budgeted Realized Meals quantity 20000 18000
You are given information about the budgeted and realized operating results for the pankras cafe company.
| Pankras express caf | ||
| Budgeted | Realized | |
| Meals quantity | 20000 | 18000 |
| Revenues | 100000 | 90000 |
| Expenses | ||
| Raw materials | 50000 | 45000 |
| Wages | 10500 | 10000 |
| Utilities | 3500 | 3400 |
| Rent | 5000 | 5500 |
| Insurance | 2800 | 3200 |
| Fuel | 2500 | 2800 |
| Net operating profits | 25700 | 20100 |
you are asked to Calculate the variation between the realized and budgeted expenses and revenues
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
