it View Favorites Tools Help m2 G Google-YouTube n.1Huipadd GR ACCT 2080 CH9HW E
ID: 2598210 • Letter: I
Question
it View Favorites Tools Help m2 G Google-YouTube n.1Huipadd GR ACCT 2080 CH9HW EX 9-13 FALL 2017 uulnHi." P @hotrmailRobert-Blackboard 1 provides cata conceming the companys coes $0.s0 $0.09 $o.15 S0.20 Cleaning supplies 1, 500 Rages and salaries$4,500 Depreciation se·400 51.800 dinistrative $1.500 o.0s For example eie may costs ane $1500 per mom plus $0.09 perwashed. The company expects to wasn B400 calsinAugust and to collect an average of $6.50 per car washed The actual operating results for August appear below. Lavage Rapide For the Month Ended hugust ai Actual cars vashed 8.500 $56,700 4,700 2.226 1, 500 E, 540 B 400 2, 000 1.820 Cleaning upplies ElectriCty ages and salaries Rent Admindstrative Total expense operating inme 329,514 Cancuiane the company's revenue and spending vartances for Auguet gnailcate the eftect of each varlance by selectingr favorable, "u for untavorabile, and "None" tor no effect q.e zero varlancej, input an amounts as positive values) TOSHExplanation / Answer
statement of Revenue and variance
Explanation
Actual
Formula for budgetd
budgeted
variance
Favorable or unfavorable
actual car washed
8500
8400
8400
100
F
revenue
56700
8400*6.5
54600
2100
F
expenses
cleaning supplies
4700
8400*0.5
4200
500
U
electricity
2226
1500+(8400*0.09)
2256
-30
F
maintenance
1500
8400*0.15
1260
240
U
wages and salaries
6540
(4500+(8400*0.2))
6180
360
U
depreciation
8400
8400
8400
0
No effect
rent
2000
1800
1800
200
U
administrative expenses
1820
1500+(8400*0.05)
1920
-100
F
total of expenses
27186
10200
26016
1170
F
net operating income
29514
28584
930
F
statement of Revenue and variance
Explanation
Actual
Formula for budgetd
budgeted
variance
Favorable or unfavorable
actual car washed
8500
8400
8400
100
F
revenue
56700
8400*6.5
54600
2100
F
expenses
cleaning supplies
4700
8400*0.5
4200
500
U
electricity
2226
1500+(8400*0.09)
2256
-30
F
maintenance
1500
8400*0.15
1260
240
U
wages and salaries
6540
(4500+(8400*0.2))
6180
360
U
depreciation
8400
8400
8400
0
No effect
rent
2000
1800
1800
200
U
administrative expenses
1820
1500+(8400*0.05)
1920
-100
F
total of expenses
27186
10200
26016
1170
F
net operating income
29514
28584
930
F
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