Refer to the data in Exercise 9-8. Auto Lavage's actual level of activity was 8,100 cars. The

Question:

Refer to the data in Exercise 9-8. Auto Lavage's actual level of activity was 8,100 cars. The actual revenues and expenses for October are given below

Actual Data for 8,100 Cars $49,300 Sales ... Variable expenses: Cleaning supplies Electricity . 6,075 891 Maintenance 2,


Required

1. Prepare a flexible budget performance report for October using Exhibit 9-4 as your guide.

2. Prepare a comprehensive performance report for October using Exhibit 9-6 as your guide. Assume that the static budget for October was based on an activity level of 8,000 cars.


Data from Exercise 9-8

Auto Lavage is a Canadian company that owns and operates a large automatic car wash facility near Quebec. The following table provides data concerning the company's costs:


The company expects to charge customers an average of $5.90 per car washed.


Exhibit 9-4

PATTERSON FRAMING LIMITED Flexible Budget Performance Report For the Year Ending December 31, 2018 Flexible Budget Varia

Exhibit 9-6

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial Accounting

ISBN: 9781259275814

11th Canadian Edition

Authors: Ray H Garrison, Alan Webb, Theresa Libby

Question Posted: