Question: Exerclse 9 . 2 ( Statlc ) Prepare a Report Showing Revenue and Spendling Varlances [ LO 9 - 2 ] Qullcene Oysterla farms and
Exerclse Statlc Prepare a Report Showing Revenue and Spendling Varlances LO
Qullcene Oysterla farms and sells oysters In the Paclfic Northwest. The company harvested and sold pounds of oysters In
August. The company's flexible budget for August appears below:
The actual results for August appear below:
Required:
Calculate the company's revenue and spending varlances for August. Indicate the effect of each varlance by selecting F for
favorable, U for unfavorable, and "None" for no effect Ie zero varlance Input all amounts as positive values.
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