- Organic Muffins Sells Its Muffins To Restaurants And Coffee Houses For An Average Selling Price Of 27 Per Case The Fol 1 (39.37 KiB) Viewed 19 times
- Organic Muffins Sells Its Muffins To Restaurants And Coffee Houses For An Average Selling Price Of 27 Per Case The Fol 2 (26.25 KiB) Viewed 19 times
- Organic Muffins Sells Its Muffins To Restaurants And Coffee Houses For An Average Selling Price Of 27 Per Case The Fol 3 (26.21 KiB) Viewed 19 times
- Organic Muffins Sells Its Muffins To Restaurants And Coffee Houses For An Average Selling Price Of 27 Per Case The Fol 4 (24.42 KiB) Viewed 19 times
- Organic Muffins Sells Its Muffins To Restaurants And Coffee Houses For An Average Selling Price Of 27 Per Case The Fol 5 (26.45 KiB) Viewed 19 times
Organic Muffins sells its muffins to restaurants and coffee houses for an average selling price of $27 per case. The following information relates to the budget for Organic Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget information.) During the year, Organic Muffins actually sold 9,900 cases, resulting in total sales revenue of $275,400. Actual expenses (in total) from this year are as follows: (Click the loon to view the actual expenses.) Organic Muffins Flexible Budget Performance Report-Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget 9,900 cases Variance 9,900 cases Sales revenue ($27 per case) Vanable operating expenses: Packaging expense ($1 per case sold) Shipping expense ($5 per case sold) Sales commissions (3% of sales price) KILI Requirement Construct a flexible budget performance report for Organic Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Master Budget 9,500 cases Volume Variance
ar case. The following mis year (all figures are view the budget inform anic Muffins actually so Actual expenses (in to o view the actual expen Flexible Budge expenses: Data table 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 Print 9,500 cases 1 5 3% of sales price 6,100 3,300 2,400 1,800 1,400 $ $ Done ormance report for Organic Muffins for the Xor each variance is favorable (F) or ances as positive numbers. Label each avorable (U). If the variance is 0, make of zero is considered favorable.) tor get ases
year (all figures are an iew the budget informat ic Muffins actually sold Actual expenses (in tota wiew the actual expenses Flexible Budget expenses: Data table Packaging cost Shipping expense.. Sales commission expense.. Salaries expense... Office rent.. Depreciation Insurance expense... Office supplies expense Print $ 10,700 $ 50,300 $ 8,262 $ 6,900 $ 3,300 $ 2,400 S 1,600 $ 1,500 Done I ther each variance is favorable (F) or ariances as positive numbers. Label each unfavorable (U). If the variance is 0, make nce of zero is considered favorable.) aster udget D cases
wenue of $275,400. Actual expenses (in total) from this year are as follows: (Click the icon to view the actual expenses.) For the Year Ended December 31 Flexible Actual Budget 9,900 cases Variance Sales revenue ($27 per case) Variable operating expenses Packaging expense ($1 per case sold) Shipping expense ($5 per case sold) Sales commissions (3% of sales price) Fixed operating expenses: Salaries Office rent sure to enter in a "0". A variance of zero is considered favorable.) Flexible Budget Master Budget Volume Variance 9,900 cases 9,500 cases
(Click the icon to view the actual expenses.) ($27 per case) Variable operating expenses: Packaging expense ($1 per case sold) Shipping expense ($5 per case sold) Sales commissions (3% of sales price) Fixed operating expenses: Salaries Office rent Depreciation Insurance expense Office Supplies expense Total operating expenses