Questions
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 62 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,950
Classroom supplies $ 270
Utilities $ 1,240 $ 55
Campus rent $ 4,600
Insurance $ 2,400
Administrative expenses $ 3,700 $ 41 $ 4

For example, administrative expenses should be $3,700 per month plus $41 per course plus $4 per student. The company’s sales should average $850 per student.

The company planned to run four courses with a total of 62 students; however, it actually ran four courses with a total of only 54 students. The actual operating results for September appear below:

Actual
Revenue $ 49,800
Instructor wages $ 11,080
Classroom supplies $ 16,590
Utilities $ 1,870
Campus rent $ 4,600
Insurance $ 2,540
Administrative expenses $ 3,538

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 60 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,920
Classroom supplies $ 300
Utilities $ 1,220 $ 90
Campus rent $ 5,000
Insurance $ 2,200
Administrative expenses $ 3,800 $ 42 $ 5

For example, administrative expenses should be $3,800 per month plus $42 per course plus $5 per student. The company’s sales should average $880 per student.

The company planned to run four courses with a total of 60 students; however, it actually ran four courses with a total of only 56 students. The actual operating results for September appear below:

Actual
Revenue $ 49,900
Instructor wages $ 10,960
Classroom supplies $ 17,850
Utilities $ 1,990
Campus rent $ 5,000
Insurance $ 2,340
Administrative expenses $ 3,694

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 64 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,960
Classroom supplies $ 300
Utilities $ 1,240 $ 65
Campus rent $ 5,100
Insurance $ 2,100
Administrative expenses $ 3,900 $ 41 $ 5

For example, administrative expenses should be $3,900 per month plus $41 per course plus $5 per student. The company’s sales should average $900 per student.

The company planned to run four courses with a total of 64 students; however, it actually ran four courses with a total of only 60 students. The actual operating results for September appear below:

Actual
Revenue $ 54,700
Instructor wages $ 11,120
Classroom supplies $ 19,050
Utilities $ 1,910
Campus rent $ 5,100
Insurance $ 2,240
Administrative expenses $ 3,810

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 63 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,950
Classroom supplies $ 300
Utilities $ 1,210 $ 80
Campus rent $ 5,100
Insurance $ 2,200
Administrative expenses $ 3,800 $ 45 $ 5

For example, administrative expenses should be $3,800 per month plus $45 per course plus $5 per student. The company’s sales should average $890 per student.

The company planned to run four courses with a total of 63 students; however, it actually ran four courses with a total of only 53 students. The actual operating results for September appear below:

Actual
Revenue $ 53,170
Instructor wages $ 11,080
Classroom supplies $ 18,750
Utilities $ 1,940
Campus rent $ 5,100
Insurance $ 2,340
Administrative expenses $ 3,721

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 64 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,910
Classroom supplies $ 310
Utilities $ 1,220 $ 85
Campus rent $ 4,800
Insurance $ 2,300
Administrative expenses $ 3,800 $ 41 $ 5

For example, administrative expenses should be $3,800 per month plus $41 per course plus $5 per student. The company’s sales should average $880 per student.

The company planned to run four courses with a total of 64 students; however, it actually ran four courses with a total of only 58 students. The actual operating results for September appear below:

Actual
Revenue $ 53,420
Instructor wages $ 10,920
Classroom supplies $ 19,690
Utilities $ 1,970
Campus rent $ 4,800
Insurance $ 2,440
Administrative expenses $ 3,710

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

You've been hired by Yogurt Yummies to write a C++ console application that calculates and displays...

You've been hired by Yogurt Yummies to write a C++ console application that calculates and displays the cost of a customer’s yogurt purchase. Use a validation loop to prompt for and get from the user the number of yogurts purchased in the range 1-9. Then use a validation loop to prompt for and get from the user the coupon discount in the range 0-20%. Calculate the following:

        ● Subtotal using a cost of $3.50 per yogurt.

        ● Subtotal after discount

        ● Sale tax using rate of 6%.

        ● Total

Use formatted output manipulators (setw, left/right) to print the following rows:

        ● Yogurts purchased

        ● Yogurt cost ($)

        ● Discount (%)

        ● Subtotal ($)

        ● Subtotal after discount ($)

        ● Tax ($)

        ● Total ($)

And two columns:

        ● A left-justified label (including units)

        ● A right-justified value.

Define constants for the yogurt cost, sales tax rate, and column widths. Format all real numbers to two decimal places. Run the program with invalid and valid inputs. The output should look like this:

Welcome to Yogurt Yummies

-------------------------

Enter the number of yogurts purchased (1-9): 12

Error: '12' is an invalid number of yogurts.

Enter the number of yogurts purchased (1-9): 4

Enter the percentage discount (0-20): 30

Error: '30.00' is an invalid percentage discount.

Enter the percentage discount (0-20): 10

Yogurts:                             4

Yogurt cost ($):                  3.50

Discount (%):                    10.00

Subtotal ($):                    14.00

Total after discount ($):        12.60

Tax ($):                          0.76

Total ($):                       13.36

End of Yogurt Yummies

In: Computer Science

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 61 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,940
Classroom supplies $ 270
Utilities $ 1,200 $ 80
Campus rent $ 4,800
Insurance $ 2,100
Administrative expenses $ 3,900 $ 42 $ 4

For example, administrative expenses should be $3,900 per month plus $42 per course plus $4 per student. The company’s sales should average $880 per student.

The company planned to run four courses with a total of 61 students; however, it actually ran four courses with a total of only 57 students. The actual operating results for September appear below:

Actual
Revenue $ 50,780
Instructor wages $ 11,040
Classroom supplies $ 16,320
Utilities $ 1,930
Campus rent $ 4,800
Insurance $ 2,240
Administrative expenses $ 3,738

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 62 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,900
Classroom supplies $ 260
Utilities $ 1,210 $ 80
Campus rent $ 4,700
Insurance $ 2,400
Administrative expenses $ 3,800 $ 43 $ 6

For example, administrative expenses should be $3,800 per month plus $43 per course plus $6 per student. The company’s sales should average $900 per student.

The company planned to run four courses with a total of 62 students; however, it actually ran four courses with a total of only 54 students. The actual operating results for September appear below:

Actual
Revenue $ 52,900
Instructor wages $ 10,880
Classroom supplies $ 15,970
Utilities $ 1,940
Campus rent $ 4,700
Insurance $ 2,540
Administrative expenses $ 3,770

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 63 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,930
Classroom supplies $ 280
Utilities $ 1,240 $ 75
Campus rent $ 4,700
Insurance $ 2,400
Administrative expenses $ 3,800 $ 44 $ 3

For example, administrative expenses should be $3,800 per month plus $44 per course plus $3 per student. The company’s sales should average $860 per student.

The company planned to run four courses with a total of 63 students; however, it actually ran four courses with a total of only 57 students. The actual operating results for September appear below:

Actual
Revenue $ 51,280
Instructor wages $ 11,000
Classroom supplies $ 17,490
Utilities $ 1,950
Campus rent $ 4,700
Insurance $ 2,540
Administrative expenses $ 3,591

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two...

The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses in its budgeting and performance reports—the number of courses and the total number of students. For example, the school might run two courses in a month and have a total of 65 students enrolled in those two courses. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month Cost per Course Cost per
Student
Instructor wages $ 2,910
Classroom supplies $ 270
Utilities $ 1,240 $ 70
Campus rent $ 4,900
Insurance $ 2,200
Administrative expenses $ 3,500 $ 45 $ 6

For example, administrative expenses should be $3,500 per month plus $45 per course plus $6 per student. The company’s sales should average $850 per student.

The company planned to run four courses with a total of 65 students; however, it actually ran four courses with a total of only 61 students. The actual operating results for September appear below:

Actual
Revenue $ 52,350
Instructor wages $ 10,920
Classroom supplies $ 17,400
Utilities $ 1,930
Campus rent $ 4,900
Insurance $ 2,340
Administrative expenses $ 3,496

Required:

Prepare a flexible budget performance report that shows both revenue and spending variances and activity variances for September (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

In: Accounting