Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actu operating results for the month of November Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Actual Results 26,240 $ 93,700 Customers served Revenue ($3.60q) Expenses: Wages and salaries ($23,800+ $1.20g) Supplies ($0.50g) Insurance ($ 7,300) Miscellaneous expense (56,100 $0.40q) Total expense Net operating income 50,500 14,600 7,200 13,500 81,000 $ 7,900 Planning Budget 26,600 $ 96,400 57,000 14,100 7,300 19,300 94,500 $ 6,700 Variances $5,900 U 4,900 F 2,100 U 100 None 4,200 F 7,100 F $ 2,800 F equired: epare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (L ote: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., z ariance). Input all amounts as positive values.

Bickel Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actu operating results for the month of November Bickel Corporation Comparison of Actual Results to Planning Budget For the Month Ended November 30 Actual Results 26,240 $ 93,700 Customers served Revenue ($3.60q) Expenses: Wages and salaries ($23,800+ $1.20g) Supplies ($0.50g) Insurance ($ 7,300) Miscellaneous expense (56,100 $0.40q) Total expense Net operating income 50,500 14,600 7,200 13,500 81,000 $ 7,900 Planning Budget 26,600 $ 96,400 57,000 14,100 7,300 19,300 94,500 $ 6,700 Variances $5,900 U 4,900 F 2,100 U 100 None 4,200 F 7,100 F $ 2,800 F equired: epare the company's flexible budget performance report for November. Label each variance as favorable (F) or unfavorable (L ote: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., z ariance). Input all amounts as 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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