Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Aug 2017 My Price 12.00

Canadian company

Auto Lavage is a Canadian company that owns and operates a large automatic carwash facility near Quebec. The following table provides data concerning the company%u2019s costs:

 

 

Fixed Cost

per Month

  

Cost per

Car Washed

Cleaning supplies

      

$

0.40

Electricity

$

1,450

  

$

0.10

Maintenance

      

$

0.40

Wages and salaries

$

3,700

  

$

0.40

Depreciation

$

6,900

      

Rent

$

2,100

      

Administrative expenses

$

2,000

  

$

0.05

 

 

For example, electricity costs are $1,450 per month plus $0.10 per car washed. The company expects to wash 9,500 cars in October and to collect an average of $4.90 per car washed. The company actually washed 9,620 cars in October.

 

The actual operating results for October appear below:

 

Auto Lavage

Income Statement

For the Month Ended October 31

Actual cars washed

  

9,620

Revenue

$

48,453
 

 

 

Expenses:

  

Cleaning supplies

  

4,228

Electricity

  

2,377

Maintenance

  

4,108

Wages and salaries

  

7,878

Depreciation

  

6,900

Rent

  

2,300

Administrative expenses

  

2,326
 

 

 

Total expense

  

30,117
 

 

 

Net operating income

$

18,336
 

 

 

 

 

 

 

Required:

Prepare a report showing revenue and spending variances. (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).)

 

Auto Lavage

Revenue and Spending Variances

For the Month Ended October 31
 

Flexible

Budget

Actual

Results

Revenue and

Spending Variances

Revenue

$

$

$

(Click to select)NoneFU
 

 

 

 

  

Expenses:

        

Cleaning supplies

      

(Click to select)UFNone

Electricity

      

(Click to select)FNoneU

Maintenance

      

(Click to select)NoneUF

Wages and salaries

      

(Click to select)UNoneF

Depreciation

      

(Click to select)UFNone

Rent

      

(Click to select)NoneFU

Administrative expenses

      

(Click to select)FNoneU
 

 

 

 

  

Total expense

      

(Click to select)NoneFU
 

 

 

 

  

Net operating income

$

$

$

(Click to select)FUNone
 

 

 

 

 

 

 

 

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Aug 2017 07:08 PM My Price 12.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)
Relevent Questions