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As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Culver Company for the month of October. Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out Total variable Fixed expenses Rent Sales salaries Office salaries CULVER COMPANY Clothing Department Budget Report For the Month Ended October 31, 2022 Budget 9,280 $2,784 928 4,176 1,856 9,744 1,740 1,392 928 Actual 11,600 $3,016 986 4,756 1,624 10,382 1,740 1,392 928 Difference Favorable Unfavorable Neither Favorable nor Unfavorable 2,320 Favorable $232 Unfavorable 58 Unfavorable 580 Unfavorable 232 Favorable 638 Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable

As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Culver Company for the month of October. Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out Total variable Fixed expenses Rent Sales salaries Office salaries CULVER COMPANY Clothing Department Budget Report For the Month Ended October 31, 2022 Budget 9,280 $2,784 928 4,176 1,856 9,744 1,740 1,392 928 Actual 11,600 $3,016 986 4,756 1,624 10,382 1,740 1,392 928 Difference Favorable Unfavorable Neither Favorable nor Unfavorable 2,320 Favorable $232 Unfavorable 58 Unfavorable 580 Unfavorable 232 Favorable 638 Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable

Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter22: Budgeting
Section: Chapter Questions
Problem 2PA: Sales, production, direct materials purchases, and direct labor cost budgets The budget director of...
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n Depreciation-autos (sales staff) Total fixed Total expenses 580 Show Transcribed Text 4,640 $14,384 Budget 580 4,640 $15,022 As a result of this budget report, Joe was called into the president's office and congratulated on his fine sales performance. He was reprimanded, however, for allowing his costs to get out of control. Joe knew something was wrong with the performance report that he had been given. However, he was not sure what to do, and comes to you for advice. (a) Prepare a budget report based on flexible budget data to help Joe. (List variable expenses before fixed expenses) -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable $638 Unfavorable Budget CULVER COMPANY Selling Expense Flexible Budget Report Clothing Department Actual c Actual Favorable Unfavorable Neither Favorable nor Unfavorable Nei nc
Transcribed Image Text:n Depreciation-autos (sales staff) Total fixed Total expenses 580 Show Transcribed Text 4,640 $14,384 Budget 580 4,640 $15,022 As a result of this budget report, Joe was called into the president's office and congratulated on his fine sales performance. He was reprimanded, however, for allowing his costs to get out of control. Joe knew something was wrong with the performance report that he had been given. However, he was not sure what to do, and comes to you for advice. (a) Prepare a budget report based on flexible budget data to help Joe. (List variable expenses before fixed expenses) -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable $638 Unfavorable Budget CULVER COMPANY Selling Expense Flexible Budget Report Clothing Department Actual c Actual Favorable Unfavorable Neither Favorable nor Unfavorable Nei nc
As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Culver Company for the month of October. Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out Total variable Fixed expenses Rent Sales salaries Office salaries CULVER COMPANY Clothing Department Budget Report For the Month Ended October 31, 2022 Budget 9,280 $2,784 928 4,176 1,856 9,744 1,740 1,392 928 Actual 11,600 $3,016 986 4,756 1,624 10,382 1,740 1,392 928 Difference Favorable Unfavorable Neither Favorable nor Unfavorable 2,320 Favorable $232 Unfavorable 58 Unfavorable 580 Unfavorable 232 Favorable 638 Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable
Transcribed Image Text:As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Culver Company for the month of October. Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out Total variable Fixed expenses Rent Sales salaries Office salaries CULVER COMPANY Clothing Department Budget Report For the Month Ended October 31, 2022 Budget 9,280 $2,784 928 4,176 1,856 9,744 1,740 1,392 928 Actual 11,600 $3,016 986 4,756 1,624 10,382 1,740 1,392 928 Difference Favorable Unfavorable Neither Favorable nor Unfavorable 2,320 Favorable $232 Unfavorable 58 Unfavorable 580 Unfavorable 232 Favorable 638 Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable
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