Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. all parts please, thank you! the gourmand co

all parts please, thank you! The Gourmand Cooking School...

80.2K

Verified Solution

Question

Accounting

all parts please, thank you!
image
image
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports-the number of courses and the total number of students. For example, the school might rum two courses in a month and have a total of 50 students enrolled in those two courses. Data concerning the company's cost formulas appear below: For example, administrative expenses should be $3,270 per month plus $15 per course plus $4 per student. The company's sales should average $800 per student. The company planned to run three courses with a total of 45 students; however, it actually ran three courses with a total of only 42 students. The actual operating results for September were as follows: Required: Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.e., zero va alanail Innut all amniunts as nositive values.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

An organic compound contains C, H, N, and O. Combustion of 0.3069 g of the compound...

Chemistry
Q

A horizontal spring with a spring constant of 190 N/cm is compressed 6.3 cm. A wooden...

Physics
Q

Your patient’s mammogram is positive for breast cancer which has a fairly low rate in your...

Basic Math
Q

Which classical theories of organization do you relate to the most? Why? Plese provide a rference

General Management
Q

Consider the following three bonds: Bond Coupon Rate Maturity (years) Price A 0% 1.0 $947.5572 B 7% 1.0 $1,014.8980 C 5% 1.5 $981.4915 Assume that coupons are paid every 6 months and...

Finance
Q

1 Why is the methyl red test read immediately after addition of methyl red reagent...

Biology
Q

Calculate the derivative of the following function y sin 50 cos 0

Calculus
Q

An inverted cylindrical cone 24 m deep and 12 m in diameter across the top...

Calculus
Q

When companies do not want to use market prices or find it too costly, they...

Accounting
Q

When talking about Activity Based Costing, which of the following statement is false: Select one:...

Accounting
Q

Break-even with Opportunity Costs 25% Cost...

Accounting
Q

Bir retici, iini bytme frsatnn deerini deerlendirmek iin riskten bamsz deerleme kullanr. reticinin risk tutumu...

Finance