BREWER ND LL INTRO MGRL ACTG CON+ AC
19th Edition
ISBN: 9781260711851
Author: BREWER
Publisher: McGraw-Hill Publishing Co.
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Chapter 9, Problem 2E
Prepare a Report Shong Revenue and Spending Variances
Quilcene Oysteria farms and sells oysters in the Pacific Noithwest. The company harvested and sold 8,000 pounds of oysters in August. The company’s flexible budget for August appears below: 
The actual results for August appear below:
Required:
Calculate the company’s revenue and spending variances for August. (Hint: Refer to Exhibit 9−6.)
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Actual pounds (q)
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For the Month Ended August 31
Quilcene Oysteria
Flexible Budget
Expenses:
Packing supplies ($0.30q)
Oyster bed maintenance ($3,000)
Wages and salaries ($2,400 + $0.30q)
Shipping ($0.60q)
Utilities ($1,270)
Other ($470 + $0.019)
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Quilcene Oysteria
Income Statement
For the Month Ended August 31
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Oyster bed maintenance
Wages and salaries.
Shipping
Utilities
Other
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Chapter 9 Solutions
BREWER ND LL INTRO MGRL ACTG CON+ AC
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