E9-4 - (4) F 286 174 U Total expense 12,440 (304) F 12,136...

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Nick Nguyen E9-4 Vulcan Flyovers Flexible Budget Performance Report For the Month Ened July 31 Flights (q) 50 48 Revenue ($320.00q)  $16,000   $(640) U  $15,360   $(1,710) U Expenses:     Wages and salaries ($4,000 + $82,00q)  8,100   (164) F  7,936   494  U     Fuel ($23.00q)  1,150   (46) F  1,104   156  U     Airport fees ($640 + $38.00q)  2,550   (76) F  2,474   (124) F     Aircraft depreciation ($7.00q)  350   (14) F  336   -        Office expenses ($190 + $2.00q)  290 
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Unformatted text preview: (4) F 286 174 U Total expense 12,440 (304) F 12,136 700 U Net operating income $3,560 $(336) U $3,224 $(2,410) U Planning Budget Activity Variances Flexible Budget Revenue and Spending Variances should look at revenue be cause it is $1,710 under the flexible instead of only $640 because actual f not 50 48 $13,650 8,430 1,260 2,350 336 460 12,836 $814 Actual Results flights is 48...
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This note was uploaded on 09/04/2011 for the course ECON 161 taught by Professor Jamesbaker during the Fall '11 term at University of Houston.

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E9-4 - (4) F 286 174 U Total expense 12,440 (304) F 12,136...

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