Jackie Bonino has run Healing Maids, a specialty cleaning service for medical and dental offices, for...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Jackie Bonino has run Healing Maids, a specialty cleaning service for medical and dental offices, for the past 10 years. Her static budget and actual results for April 2020 are shown below. (Click the icon to view the actual and budgeted income statements.) (Click the icon to view the employee information.) Read the requirements. Requirement 1. How many offices, on average, did Bonino budget for each employee? How many offices did each employee actually clean? Determine the formula to show how many offices, on average, the employees cleaned. (X = number of offices cleaned by experienced employee, Y = number of offices cleaned by both less experienced employees) (Click the icon for information regarding the formula selections.) )+( Y )= Formula labels Requirements Data table Healing Maids Actual and Budgeted Income Statements For the Month Ended April 30, 2020 A Contribution margin B Labor costs C Operating income D Revenue E Wage paid to experienced employee per office 1. How many offices, on average, did Bonino budget for each employee? How many offices did each employee actually clean? 2. 3. Budget Actual F Wage paid to less experienced employees per office 4. 280 320 Offices cleaned Prepare a flexible budget for April 2020. Compute the sales price variance and the labor efficiency variance for each labor type. What information, in addition to that provided in the income statements, would you want Bonino to gather, if you wanted to improve operational efficiency? $ 53,200 $ Revenue 73,600 More info Variable costs: Costs of supplies 1,260 1,560 Print Done 6,720 8,400 Labor 7,980 9,960 Total variable costs Contribution margin 45,220 63,640 Fixed costs $ 9,100 36,120 $ 9,100 Jackie has one employee who has been with her for all 10 years that she has been in business. In addition, at any given time she also employs two other less-experienced workers. It usually takes each employee 2 hours to clean an office, regardless of his or her experience. Bonino pays her experienced employee $30 per office and the other two employees $15 per office. There were no wage increases in April. 54,540 Operating income Print Done Print Done Jackie Bonino has run Healing Maids, a specialty cleaning service for medical and dental offices, for the past 10 years. Her static budget and actual results for April 2020 are shown below. (Click the icon to view the actual and budgeted income statements.) (Click the icon to view the employee information.) Read the requirements. Requirement 1. How many offices, on average, did Bonino budget for each employee? How many offices did each employee actually clean? Determine the formula to show how many offices, on average, the employees cleaned. (X = number of offices cleaned by experienced employee, Y = number of offices cleaned by both less experienced employees) (Click the icon for information regarding the formula selections.) )+( Y )= Formula labels Requirements Data table Healing Maids Actual and Budgeted Income Statements For the Month Ended April 30, 2020 A Contribution margin B Labor costs C Operating income D Revenue E Wage paid to experienced employee per office 1. How many offices, on average, did Bonino budget for each employee? How many offices did each employee actually clean? 2. 3. Budget Actual F Wage paid to less experienced employees per office 4. 280 320 Offices cleaned Prepare a flexible budget for April 2020. Compute the sales price variance and the labor efficiency variance for each labor type. What information, in addition to that provided in the income statements, would you want Bonino to gather, if you wanted to improve operational efficiency? $ 53,200 $ Revenue 73,600 More info Variable costs: Costs of supplies 1,260 1,560 Print Done 6,720 8,400 Labor 7,980 9,960 Total variable costs Contribution margin 45,220 63,640 Fixed costs $ 9,100 36,120 $ 9,100 Jackie has one employee who has been with her for all 10 years that she has been in business. In addition, at any given time she also employs two other less-experienced workers. It usually takes each employee 2 hours to clean an office, regardless of his or her experience. Bonino pays her experienced employee $30 per office and the other two employees $15 per office. There were no wage increases in April. 54,540 Operating income Print Done Print Done
Expert Answer:
Answer rating: 100% (QA)
To determine how many offices on average Bonino budgeted for each employee and how many offices each employee actually cleaned we can use the given in... View the full answer
Related Book For
Horngrens Cost Accounting A Managerial Emphasis
ISBN: 978-0134475585
16th edition
Authors: Srikant M. Datar, Madhav V. Rajan
Posted Date:
Students also viewed these accounting questions
-
Joyce Brown has run Medical Maids, a specialty cleaning service for medical and dental offices, for the past 10 years. Her static budget and actual results for April 2017 are shown below. Joyce has...
-
Canton Company makes two types of cell phones. Handy is a thin, pocket-size cell phone that is easy to carry around. Action is a palm-size phone convenient to hold while the user is talking. During...
-
A topic of major concern to demographers and economists is the effect of a high fertility rate on per capita income. The first two accompanying tables display values of per capita income (PCI) and...
-
In Problem find the volume of the solid under the graph of each function over the given rectangle. f(x, y) = 2x - y; R = {(x, y) |0 x 1, 0 y 1}
-
Consider the circuit in Figure P6.26 with transistor parameters described in Problem 6.26. Determine the maximum undistorted swing in the output current \(i_{C}\) if the total instantaneous collector...
-
Edge Equipment Co. manufactures and markets a number of rope products. Management is considering the future of Product XT, a special rope for hang gliding, that has not been as profitable as planned....
-
Presented below is information related to Blowfish radios for the Skysong Company for the month of July. Date Transaction Units In Unit Cost Total Units Sold Selling Price Total July 1 Balance 160...
-
Amazonthe present circumstance on the way Jeff Bezos (the organizer of Amazon) presently sees his critical enterprise is an astounding case of ways the fundamental abilties of a business can come to...
-
As a gambling facility, MGM Desert Inn, Inc., regularly holds and executes negotiable instruments. During a period of two months, patron William E. Shack Jr. entered MGM and delivered eight checks to...
-
Jack DeCoster owned Quality Egg, LLC, an Iowa egg production company. Jacks son, Peter DeCoster, served as the companys chief operating officer. Jack also owned and operated several egg production...
-
After returning from a skiing vacation in Vermont, Leslie Adel came down with Legionnaires Disease. He claimed it was from the water drunk at the ski resort and provided by Greensprings of Vermont...
-
In December 2008, Jason Garcia signed a motor vehicle sales contract with Mac Haik Dodge Chrysler Jeep, a dealer. In the contract, Garcia agreed to purchase a 2009 Dodge Ram 1500. The contract...
-
In 2014, Barker contacted Price about a van Price had advertised for sale. The advertisement described the van as a 1994 Ford E350. Barker and Price agreed to meet, and, on April 9, Barker inspected...
-
Strategic issues for MNCS from the list below research your MNC and write and explaining how the MNC handles the issues. How does your MNC regard its foreign operation Investment center Profit...
-
Some people argue that the internal control requirements of the Sarbanes-Oxley Act (SOX) put U.S. companies at a competitive disadvantage to companies outside the United States. Discuss the...
-
Dunkirk Consulting wishes to predict the amount of overhead expense that will be incurred by a consulting contract, to develop more accurate bids for future con- tracts. Dunkirk has the following...
-
Block Commodities has gathered the following information concerning rock salt deliveries to its clients, which it believes are highly seasonal: a. Suppose Block Commodities calculated a set of...
-
A manager has been using a certain technique to forecast demand for project man- agement software at her store. Actual demand and her corresponding predictions are shown below: a. What was the...
Study smarter with the SolutionInn App