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Actual Results Revenue & Spending Variances Flexible-budget Activity Variances Planning (Static) Budget TotalVariance Shoes sold (q)...

Actual Results

Revenue & Spending Variances

Flexible-budget

Activity Variances

Planning (Static) Budget

TotalVariance

Shoes sold (q)

$19,000

20,000

Revenue  ($4.00q)

$79,000

$80,000

Expenses:

COGS ($1.50q)

$31,000

$30,000

   Wages and salaries ($8,000 + $.50q)

$16,000

$18,000

   Supplies ($.25q)

$4,600

$5,000

   Insurance

($2,000)

$2,100

$2,000

Miscellaneous costs ($.30q)

$5,400

$6,000

Total expenses

$59,100

$61,000

Net operating income

$19,900

$19,000

Completely fill in table above.

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