- Ensley Corporation Uses Customers Served As Its Measure Of Activity The Following Report Compares The Planning Budget T 1 (66.28 KiB) Viewed 43 times
Ensley Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for November Variances 4,300 U Ensley Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Planning Actual Results Budget Customers served 24,000 25,000 Revenue ($3.60q) 85,700 90,000 Expenses: Wages and salaries ($22,200 + $1.20q) 48,900 52,200 Supplies ($0.50m) 13,000 12,500 Insurance ($5,700) 5,600 5,700 Miscellaneous expense ($4,500 + $0.40q) 11,900 14,500 Total expense 79,400 84,900 Net operating income 6,300 5,100 3,300 500 100 2,600 5,500 1,200 F U F F ד דודוד F Required: Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (U).