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2 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: Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 42:44 Customers served Revenue ($3.60q) Expenses: Wages and salaries ($23,000 + $1.20q) Supplies ($0.50g) Insurance ($ 6,100) Miscellaneous expense ($4,900 + $0.40g) Total expense Net operating income Required: Actual Results 24,800 $ 88,500 49,300 13,800 Planning Budget 26,000 Variances $5,100 U $ 93,600 54,200 13,000 6,000 6,100 12,300 15,300 81,400 88,600 $ 7,100 $ 5,000 4,900 F 800 U 100 None 3,000 F 7,200 F $ 2,100 F Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (U). Note: Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positive values. Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Revenue and Spending Variances Actual Results Customers served 24,800 Revenue Expenses Wages and salaries Supplies Flexible P Activity Variances Budget E 24,800

2 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: Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 42:44 Customers served Revenue ($3.60q) Expenses: Wages and salaries ($23,000 + $1.20q) Supplies ($0.50g) Insurance ($ 6,100) Miscellaneous expense ($4,900 + $0.40g) Total expense Net operating income Required: Actual Results 24,800 $ 88,500 49,300 13,800 Planning Budget 26,000 Variances $5,100 U $ 93,600 54,200 13,000 6,000 6,100 12,300 15,300 81,400 88,600 $ 7,100 $ 5,000 4,900 F 800 U 100 None 3,000 F 7,200 F $ 2,100 F Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (U). Note: Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positive values. Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Revenue and Spending Variances Actual Results Customers served 24,800 Revenue Expenses Wages and salaries Supplies Flexible P Activity Variances Budget E 24,800

Managerial Accounting
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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2 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: Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 42:44 Customers served Revenue ($3.60q) Expenses: Wages and salaries ($23,000 + $1.20q) Supplies ($0.50g) Insurance ($ 6,100) Miscellaneous expense ($4,900 + $0.40g) Total expense Net operating income Required: Actual Results 24,800 $ 88,500 49,300 13,800 Planning Budget 26,000 Variances $5,100 U $ 93,600 54,200 13,000 6,000 6,100 12,300 15,300 81,400 88,600 $ 7,100 $ 5,000 4,900 F 800 U 100 None 3,000 F 7,200 F $ 2,100 F Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (U). Note: Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positive values. Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Revenue and Spending Variances Actual Results Customers served 24,800 Revenue Expenses Wages and salaries Supplies Flexible P Activity Variances Budget E 24,800
Transcribed Image Text:2 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: Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 42:44 Customers served Revenue ($3.60q) Expenses: Wages and salaries ($23,000 + $1.20q) Supplies ($0.50g) Insurance ($ 6,100) Miscellaneous expense ($4,900 + $0.40g) Total expense Net operating income Required: Actual Results 24,800 $ 88,500 49,300 13,800 Planning Budget 26,000 Variances $5,100 U $ 93,600 54,200 13,000 6,000 6,100 12,300 15,300 81,400 88,600 $ 7,100 $ 5,000 4,900 F 800 U 100 None 3,000 F 7,200 F $ 2,100 F Prepare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (U). Note: Indicate the effect of each varlance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero varlance). Input all amounts as positive values. Bickel Corporation Flexible Budget Performance Report For the Month Ended November 30 Revenue and Spending Variances Actual Results Customers served 24,800 Revenue Expenses Wages and salaries Supplies Flexible P Activity Variances Budget E 24,800
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