BUS 202 Lecture 22: April 5th
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Department
BUS - Business Administration
Course
BUS 202
Professor
Nick Ross
Semester
Spring

Description
April 5th Wednesday, April 5, 2017 9:04 AM • Richards Hat: ○ Revenue: 15 q ○ Materials 4.5 q ○ Assemble 2.5q ○ Rent 25k ○ Utilities 1k + .5q ○ Marketing 1,200 * .25q ○ Last month: § Thought 8500 § Actual: 10,000 § Revenue: 147k § Materials 47,500 § Assemble 29250 § Rent 25k § Utilities 5800 § Marketing 3500 Planning Activity variance Flexible budget Revenue Actual budget variance budget Q 8500 10,000 10,000 Revenue 127500 127500-150000= 15*10,000= 3,000 u 147,000 22500 f 150,000 Materials 38250 38,250 -45,000= 4.5*10,000= 2,500 u 47,500 6,750 u 45,000 Assemble 2.5*8500= 21250 -25000= 2.5*10,000= 4, 250 u 29,250 ○ 21250 3750 u 25,000 Rent 25k 0 25k 0 25k Utilities 5250 750 u 1,000 + .5*10,000= 200 f 5800 6,000 Marketing 3325 3325-3700= 375 u 1200 + .25*10,000 200 f 3500 =3700 Net 34,425 34,425 -45,300= 45,300 45300-35950= 35,950 income 10,875 u 9350 u April 5th Wednesday, April 5, 2017 9:04 AM • Richards Hat: ○ Revenue: 15 q ○ Materials 4.5 q ○ Assemble 2.5q ○ Rent 25k ○ Utilities 1k + .5q ○ Marketing 1,200 * .25q ○ Last month: § Thought 8500 § Actual: 10,000 § Revenue: 147k § Materials 47,500 § Assemble 29250 § Rent 25k § Utilities 5800 § Marketing 3500 Planning Activity variance Flexible budget Revenue Actual budget variance budget Q 8500 10,000 10,000 Revenue 127500 127500-150000= 15*10,000= 3,000 u 147,000 22500 f 150,000 Materials 38250 38,250 -45,000= 4.5*10,000= 2,500 u 47,500 6,750 u 45,000 Assemble 2.5*8500= 21250 -25000= 2.5*10,000= 4, 250 u 29,250 ○ 21250 3750 u 25,000 Rent 25k 0 25k 0 25k Utilities 5250 750 u 1,000 + .5*10,000= 200 f 5800 6,000 Marketing 3325 3325-3700= 375 u 1200 + .25*10,000 200 f 3500 =3700 Net 34,425 34,425 -45,300= 45,300 45300-35950= 35,950 income 10,875 u 9350 u Marketing 3325 3325-3700= 375 u 1200 + .25*10,000 200 f 3500 =3700 Net 34,425 34,425 -45,300= 45,300 45300-35950= 35,950 income 10,875 u 9350 u • Hw #9 (in class) ○ Kennel: § Q = tenant days § Thought 2,500 tenant days § Actuals: 2,510 Planning Activity Flexible budget Revenue Actual budget budget variance variance Q 2500 2510 2510 Revenue 32.5 * 2500= 81250-815 32.5 * 2510=81575 81575-8071 80,715 81250 75=325 f 5=860 u Wages/ 2000 + 7.5* 20750-208 2000 + 7.5*2510= 21005-2082 21,005 salaries 2500=20750 25=75 u 20825 5=180 u ○ Expendable 1200 + 9.9* 26049-259 1200 + 9.9*2510= 26939-2604 26,939 s 2500=25950 50=99 u 26049 9=890 u Facility 9700 + 3.2* 17732-177 9700 + 3.2*2510= 17862-1773 17,862 expenses 2500=17700 00=32u 17732 2=130 u Admin 7900 + .10* 8151-8150 7900 + .1*2510= 7881-8151= 7,881 expenses 2500=8150 =1 u 8151 270 f Net income 8,700 8818-8700 81575 -(20825+ 8818-7028= 80715-(21,005+26,939 =118 f 26049+17732+ 1790 u +17,862+7,881)=7028 8151)=8818 ○ Toque: Planning budget Activity Flexible budget Revenue Actual budget variance va
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