66% 3:53 @11? 3. 100 points Quilcene Oysteria farms and sells oysters in the Pac
ID: 2522142 • Letter: 6
Question
66% 3:53 @11? 3. 100 points Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,000 pounds of oysters in August. The company's flexible budget for August appears below Revenue (34 254 2.450 Wages and salaries (32,200 0.30 Total expense Net opmating $13550 The actual results for August appear below: Revenue 2620 Required Compute the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting"F" for favorable, for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Revenue and Spending Variances Expenses Packing supplies Wages and Tutal espenseExplanation / Answer
Revenue and spending variance :
Revenue 3150 U Expense Packing supplies 170 U Oyster bed maintenance 140 F Wages and salaries 410 U Shipping 270 F Utilities 190 F Other 620 U Total expense 600 U Net operating income 3750 URelated Questions
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