Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the gourmand cooking school runs short cooking cou

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identifled...

60.1K

Verified Solution

Question

Accounting

image
image
image
image
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identifled 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 run 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. 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. Gourmand Cooking School Flexible Budget Perlormance Report For the Month Ended September 30

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Suppose a coin is weighted so the probability of heads is really 0.6. Find the exact...

Statistics
Q

Suppose that researchers study a sample of 50 people and find that 10 are left-handed. (a) Find...

Statistics
Q

Given C= 102 + 0.75Yd,                    I=150 – 100i, Ms =300, LT=0.25Y, and LA = 124-200i 2.1 Find commodity...

Economics
Q

A circular coil of wire with radius 4 cm and 20 turns is placed in a...

Physics
Q

A whisper is spoken into your ear, but your auditory sensory neurons don't quite reach...

Biology
Q

A dipole with electric dipole moment P is at distance r from a long thread...

Physics
Q

You are about to borrow 15 000 from a bank at an interest rate of...

Basic Math
Q

Kingbird Company manufactures a check-in kiosk with an estimated economiclife of 12 years...

Accounting
Q

Question 2 (10 points) Outline the law that attempts to hold those that...

Accounting
Q

The Trotter Company developed the following standards for the manufacture of its product: - Each...

Accounting
Q

Woodpecker Co. has $302,000 in accounts receivable on January 1. Budgeted sales for January are...

Accounting
Q

Use the following information for Ingersoll, Inc., (assume the tax rate is 34 percent): ...

Accounting