rles%20T.%20Horngren,%20Gary%20L%20Sundem,%20Jeff%200.%20Schatzberg,%20Dave%20Burgstahle...e tviewANRead aloud | Add textDrawHighlightErase ||1 8 8 B17. Behavioral impact is secondary1-33 Planning and Control, Management by ExceptionStudy the framework for planning and control of a Starbucks store in Exhibit 1-2 on page 7. Supposethat for next year a particular store budgeted revenue of $356,400, an 8% increase over the currentrevenue of $330,000. The actions listed in Exhibit 1-2 resulted in six new budgeted products and atotal advertising budget of $33,000. Actual results were as follows:7New products addedAdvertisingRevenues$ 35,640$351,4001. Prepare a performance report for revenues and advertising costs using the format of Exhibit 1-3on page 8.2. Suppose the remaining cost elements of net income were not available until several months afterthe store implemented the plan. The net income results were disappointing to management-profits declined even though revenues increased because costs increased by more than revenues.List some factors that might have caused costs to increase so much and that management may nothave considered when it formulated the store's plan.onsibility.

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1-33 Planning and Control, Management by Exception Study the framework for planning and control of a Starbucks store in Exhibit 1-2 on page 7. Suppose that for next year a particular store budgeted revenue of $356,400, an 8% increase over the current revenue of $330,000. The actions listed in Exhibit 1-2 resulted in six new budgeted products and a total advertising budget of $33,000. Actual results were as follows:

1-33 Planning and Control, Management by Exception Study the framework for planning and control of a Starbucks store in Exhibit 1-2 on page 7. Suppose that for next year a particular store budgeted revenue of $356,400, an 8% increase over the current revenue of $330,000. The actions listed in Exhibit 1-2 resulted in six new budgeted products and a total advertising budget of $33,000. Actual results were as follows:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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