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10-260
283. Heitkamp Tech is a for-profit vocational school. The school bases its budgets on two
measures of activity (i.e., cost drivers), namely student and course. The school uses the following
data in its budgeting:
In July, the school budgeted for 1,530 students and 58 courses. The school's income statement
showing the actual results for the month appears below:
Required:
Prepare a report showing the school's activity variances for July. Label each variance as favorable
(F) or unfavorable (U).
10-262
284. Nield Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company
bases its budgets on two measures of activity (i.e., cost drivers), namely guests and jeeps. One
vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide. The company
uses the following data in its budgeting:
In July, the company budgeted for 430 guests and 210 jeeps. The actual activity for the month was
415 guests and 205 jeeps.
Required:
Prepare a report showing the company's activity variances for July. Label each variance as
favorable (F) or unfavorable (U).
10-263
285. Velazques Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The
company bases its budgets on two measures of activity (i.e., cost drivers), namely guests and
jeeps. One vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide.
The company uses the following data in its budgeting:
In March, the company budgeted for 356 guests and 129 jeeps. The company's income statement
showing the actual results for the month appears below:
Required:
Prepare a report showing the company's activity variances for March. Label each variance as
favorable (F) or unfavorable (U).
10-265
286. Rizza Tech is a for-profit vocational school. The school bases its budgets on two measures
of activity (i.e., cost drivers), namely student and course. The school uses the following data in its
budgeting:
In April, the school budgeted for 1,350 students and 45 courses. The school's income statement
showing the actual results for the month appears below:
Required:
Prepare a report showing the school's revenue and spending variances for April. Label each
variance as favorable (F) or unfavorable (U).
10-267
287. Rubidoux Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The
company bases its budgets on two measures of activity (i.e., cost drivers), namely guests and
jeeps. One vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide.
The company uses the following data in its budgeting:
In September, the company budgeted for 483 guests and 240 jeeps. The company's income
statement showing the actual results for the month appears below:
Required:
Prepare a report showing the company's revenue and spending variances for September. Label
each variance as favorable (F) or unfavorable (U).
10-269
288. Riggan Tech is a for-profit vocational school. The school bases its budgets on two
measures of activity (i.e., cost drivers), namely student and course. The school uses the following
data in its budgeting:
In December, the school budgeted for 1,970 students and 163 courses. The school's income
statement showing the actual results for the month appears below:
Required:
Prepare a flexible budget performance report showing both the school's activity variances and
revenue and spending variances for December. Label each variance as favorable (F) or
unfavorable (U).
10-271
289. Tervo Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company
bases its budgets on two measures of activity (i.e., cost drivers), namely guests and jeeps. One
vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide. The company
uses the following data in its budgeting:
In March, the company budgeted for 492 guests and 165 jeeps. The company's income statement
showing the actual results for the month appears below:
Required:
Prepare a flexible budget performance report showing both the company's activity variances and
revenue and spending variances for March. Label each variance as favorable (F) or unfavorable
(U).
10-273
290. Seard Clinic uses patient-visits as its measure of activity. The clinic has provided the
following report:
Required:
Prepare the clinic's flexible budget performance report for December. Label each variance as
favorable (F) or unfavorable (U).
291. Cecere Tech is a for-profit vocational school. The school bases its budgets on two
measures of activity (i.e., cost drivers), namely student and course. The school uses the following
data in its budgeting:
In February, the school budgeted for 1,740 students and 160 courses. The actual activity for the
month was 1,540 students and 161 courses.
Required:
Prepare the school's planning budget for February.
292. Onofre Tech is a for-profit vocational school. The school bases its budgets on two
measures of activity (i.e., cost drivers), namely student and course. The school uses the following
data in its budgeting:
In October, the school budgeted for 1,410 students and 58 courses. The actual activity for the
month was 1,310 students and 62 courses.
Required:
Prepare the school's flexible budget for the actual level of activity in October.
10-277
293. Turnner Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The
company bases its budgets on two measures of activity (i.e., cost drivers), namely guests and
jeeps. One vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide.
The company uses the following data in its budgeting:
In April, the company budgeted for 374 guests and 166 jeeps. The actual activity for the month
was 364 guests and 167 jeeps.
Required:
Prepare the company's planning budget for April.
10-278
294. Ehrler Jeep Tours operates jeep tours in the heart of the Colorado Rockies. The company
bases its budgets on two measures of activity (i.e., cost drivers), namely guests and jeeps. One
vehicle used in one tour on one day counts as a jeep. Each jeep has one tour guide. The company
uses the following data in its budgeting:
In March, the company budgeted for 328 guests and 143 jeeps. The actual activity for the month
was 338 guests and 147 jeeps.
Required:
Prepare the company's flexible budget for the actual level of activity in March.
