The following is the monthly costs of one of the RAMLEE Burger kiosks: Cost Fixed costs...

The following is the monthly costs of one of the RAMLEE Burger kiosks:

*Cost*	*Fixed costs* *(RM)*	*Variable cost per unit* *(RM)*
Bread and meat	0	1.50
Vegetables	0	0.80
Salaries	1,500	0.20
Utilities	40	0.30
Rental	500	0

Required:

(a) Explain the difference between static and flexible budget.

(b) Prepare a flexible budget for production volume of 2,000 and 2,200 burgers.(7 marks)

(c) Prepare the performance report for June 2019 based on the following actual costs incurred for 2,200 burgers.

*Cost*	*Costs (RM)*
Bread and meat	3,300
Vegetables	1,800
Salaries	1,940
Utilities	1,600
Rental	500

(d) Based on the performance report, discuss the performance of the kiosk for the month of June 2019.

Expert Solution

ekkarill92 answered 2 years ago

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