Project2 (b) - 11,000 Utilities 14,000 12,000 2,000 F...

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Differecne Actual Number of mares 52 52 0 Number of boarding days 18,980 18,980 0 Sales 474,500 379,600 94,900 U Less variable expenses Feed 94,900 104,380 9,480 U Veterinary fees 56,940 58,838 1,898 U Blacksmith fees 5,694 6,074 380 U Supplies 13,286 12,954 332 F Total variable expenses 170,820 182,246 11,426 U Contribution margin 303,680 197,354 106,326 U Less fixed expenses Depreciation 40,000 40,000 0 Insurance 11,000
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Unformatted text preview: 11,000 Utilities 14,000 12,000 2,000 F Repairs and maintanance 11,000 10,000 1,000 F Labor 96,000 88,000 8,000 F Adertisement 8,000 12,000 4,000 U Entertainmant 5,000 7,000 2,000 U Total fixed expense 185,000 180,000 5,000 F Net income 118,680 17,354 101,326 U Master Budget Favorable F Unfavorable U...
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This note was uploaded on 09/20/2011 for the course ACCT 221 taught by Professor Prof during the Spring '10 term at Alabama State University.

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