ch 9 2
Quilcene Oysteria farms and sells oysters in the Pacific
Northwest. The company harvested and sold 7,900 pounds of oysters
in August. The company’s flexible budget for August appears
below:
The actual results for August were as follows:
Required:
Calculate the company’s revenue and spending variances for
August. (Indicate the effect of each variance by
selecting "F" for favorable, "U" for unfavorable, and "None" for no
effect (i.e., zero variance). Input all amounts as positive
values.)
Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue $ 7,900 Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income
ch 9 2 Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,900 pounds o
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