Chapter 1-exer - 1-17.CARMEN'S COOKIESRetail Responsibility...

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Unformatted text preview: 1-17.CARMEN'S COOKIESRetail Responsibility CenterBudgeted versus Actual CostsFor the Month Ending April 30Actual BudgetDifferenceFoodFlour2,100 2,310 210 Eggs5,200 5,720 520 Chocolate2,000 2,200 200 Nuts2,000 2,200 200 Other2,200 2,420 220 Total food13,500 14,850 1,350 LaborManager3,000 3,500 500 Other1,500 1,725 225 Total labor4,500 5,225 725 Utilities1,800 1,800 Rent5,000 5,000 Total cookies costs24,800 26,875 2,075 Number of cookies sold32,000 35,200 3,200 1-22.PETE'S TAXI & LIMOProjected Income StatementFor one year(1) (2)(3)DifferenceSales Revenue760,000 1,010,000 250,000 CostsVehicle leases300,000 320,000 20,000 Labor240,000 360,000 120,000 Utilities40,000 60,000 20,000 Rent80,000 96,000 16,000 Other costs40,000 48,000 8,000 Manager's Salary120,000 120,000 - Total costs820,000 1,004,000 184,000 Operating Profits-60000.006,000 66,000 b. Management should start the delivery service1-23....
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Chapter 1-exer - 1-17.CARMEN'S COOKIESRetail Responsibility...

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