Please do not give solution in image format ? And Fast Answering Please ? And Explain Proper Step by Step. nDepreciation-autos (sales staff)Total fixedTotal expenses580Show Transcribed Text4,640$14,384Budget5804,640$15,022As a result of this budget report, Joe was called into the president's office and congratulated on his fine sales performance. He wasreprimanded, however, for allowing his costs to get out of control. Joe knew something was wrong with the performance report thathe had been given. However, he was not sure what to do, and comes to you for advice.(a)Prepare a budget report based on flexible budget data to help Joe. (List variable expenses before fixed expenses)-0- Neither Favorable nor Unfavorable-0- Neither Favorable nor Unfavorable$638 UnfavorableBudgetCULVER COMPANYSelling Expense Flexible Budget ReportClothing DepartmentActualcActualFavorableUnfavorableNeither Favorablenor UnfavorableNeinc As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of CulverCompany for the month of October.Sales in unitsVariable expensesSales commissionsAdvertising expenseTravel expenseFree samples given outTotal variableFixed expensesRentSales salariesOffice salariesCULVER COMPANYClothing DepartmentBudget ReportFor the Month Ended October 31, 2022Budget9,280$2,7849284,1761,8569,7441,7401,392928Actual11,600$3,0169864,7561,62410,3821,7401,392928DifferenceFavorableUnfavorableNeither Favorablenor Unfavorable2,320 Favorable$232 Unfavorable58 Unfavorable580 Unfavorable232 Favorable638 Unfavorable-0- Neither Favorable nor Unfavorable-0- Neither Favorable nor Unfavorable-0- Neither Favorable nor Unfavorable

Answer - Flexible Budget - A flexible budget performance report is a budget for more than one…

As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Culver Company for the month of October. Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out Total variable Fixed expenses Rent Sales salaries Office salaries CULVER COMPANY Clothing Department Budget Report For the Month Ended October 31, 2022 Budget 9,280 $2,784 928 4,176 1,856 9,744 1,740 1,392 928 Actual 11,600 $3,016 986 4,756 1,624 10,382 1,740 1,392 928 Difference Favorable Unfavorable Neither Favorable nor Unfavorable 2,320 Favorable $232 Unfavorable 58 Unfavorable 580 Unfavorable 232 Favorable 638 Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable

As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Culver Company for the month of October. Sales in units Variable expenses Sales commissions Advertising expense Travel expense Free samples given out Total variable Fixed expenses Rent Sales salaries Office salaries CULVER COMPANY Clothing Department Budget Report For the Month Ended October 31, 2022 Budget 9,280 $2,784 928 4,176 1,856 9,744 1,740 1,392 928 Actual 11,600 $3,016 986 4,756 1,624 10,382 1,740 1,392 928 Difference Favorable Unfavorable Neither Favorable nor Unfavorable 2,320 Favorable $232 Unfavorable 58 Unfavorable 580 Unfavorable 232 Favorable 638 Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable -0- Neither Favorable nor Unfavorable

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!
Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!Please do not rely too much on chatgpt, because its answer may be wrong. Please consider it carefully and give your own answer. You can borrow ideas from gpt, but please do not believe its answer.Very very grateful!
Please help me,
During the research process, if you are unsure whether or not you've found all the relevant literature, what should you do? A. Google it to see if there is anything else you've missed. B. Call your manager to verify that you've found it all. C. Use the search engine included in the Codification. D. Complain that it's too much work and call it a day.
Why are transactions testing important? Please provide enough context
Explain with Headings: Question : Some time we cannot deliver message accurately and lucidly, which are those road blocks which become the hurdle in the way of effective communication? Explain.
is there a way to do this question with formulas and a calculator instead of excel? if so please upload the solution this way
Adecision tree is a support tool that models decisions using a treelike diagram. A True B False
Please see attached picture
What problems does the data cleansing step attempt to resolve?
2. How an AIS can add value to a organization? Please help me by answering the question and explain it, don't copy and paste please... thank you
Logan Manufacturing Co. warrants its products for one year. The estimated product warranty is 4% of sales. Assume that sales were $660,000 for January. In February, a customer received warranty repairs requiring $250 of parts and $95 of labor. Required: a. Journalize the adjusting entry required at January 31, the end of the first month of the current fiscal year, to record the accrued product warranty.* CHART OF ACCOUNTS Logan Manufacturing Co. General Ledger ASSETS 110 Cash 111 Accounts Receivable 112 Interest Receivable 113 Notes Receivable 115 Merchandise Inventory 116 Supplies 118 Prepaid Insurance 120 Land 123 Building 124 Accumulated Depreciation-Building 125 Office Equipment 126 Accumulated Depreciation-Office Equipment LIABILITIES 210 Accounts Payable 213 Interest Payable 214 Notes Payable 215 Wages Payable 216 Social Security Tax Payable 217 Medicare Tax Payable 218 Employees Federal Income Tax Payable…