Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of November: Customers served Revenue ($3.40q) Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Expenses: Wages and salaries ($23,500+ $1.254) Supplies ($0.654) Insurance ($5,400) Miscellaneous expense ($4,400+ $0.344) Total expense Net operating income Actual Results 36,000 $122,300 68,500 20,450 5,400 14,000 108,350 $ 13,950 Planning Budget 35,000 $119,000 67,250 22,750 5,400 16,300 111,700 $ 7,300 Variances $3,300 F 1,250 U 2,300 P 0 None 2,300 F 3,350 F $6,650 F equired: repare the company's Comprehensive Performance Report for November. Label each variance as favorable (F) or unfavorable (U). dicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (i.e., zero prinnce). Input all amounts os positive values)

Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of November: Customers served Revenue ($3.40q) Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Expenses: Wages and salaries ($23,500+ $1.254) Supplies ($0.654) Insurance ($5,400) Miscellaneous expense ($4,400+ $0.344) Total expense Net operating income Actual Results 36,000 $122,300 68,500 20,450 5,400 14,000 108,350 $ 13,950 Planning Budget 35,000 $119,000 67,250 22,750 5,400 16,300 111,700 $ 7,300 Variances $3,300 F 1,250 U 2,300 P 0 None 2,300 F 3,350 F $6,650 F equired: repare the company's Comprehensive Performance Report for November. Label each variance as favorable (F) or unfavorable (U). dicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (i.e., zero prinnce). Input all amounts os positive values)

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 1PB

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