1. Using that flexible budget the Flexible budget Food Expense is ? 2. Using that flexible budget...
Question:
1. Using that flexible budget the Flexible budget Food Expense is ?
2. Using that flexible budget and recalling that the average cost of cashiers and servers is 0.4754/customer), the Flexible Budget for Labor Expenses including cooks, cashiers and servers is ?
3. Using that flexible budget, the Flexible Budget for Depreciation Expense is ?
4. Focusing on the food variances, and knowing the flexible budget for food, what is volume variance for food (the affect of selling more sandwiches)?
5. Knowing the volume variance for food what is the price variance for food?
6. Knowing the price variance for food, what is the efficiency variance for food?
7. Focusing on the labor variances, and knowing the flexible budget for labor, what is volume variance for cooks (the affect of selling more sandwiches)?
8. Knowing the Volume variance for cooks, what is the efficiency variance for cooks?
9. Knowing the volume and efficiency variance for cooks what is the price variance for cooks?
10. Focusing on the labor variances, and knowing the flexible budget for labor, what is volume variance for cashiers and servers (the affect of selling more sandwiches)?
11. Knowing the volume variance and holding the wages for cashiers and servers at the budgeted $3.00/hour, what is the efficiency variance for cashiers and servers?
12. Knowing the volume variance and the actual hours worked for cashiers and servers what is the price variance for cashiers and servers at the actual hours worked?
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese