Question

For the month ended August 31, the Quilcene Oysteria provided actual results. Use the information below to answer the following questions.

Flexible Budget:
Actual pounds (9) - 8,000
Revenue ($4.209) - $33,600
Expenses:

Packing supplies ($0.300) - $2,400
Oyster bed maintenance ($3,400)
Wages and salaries ($2,300 + $0.259) - $4,300
Shipping ($0.889) - $6,400
Utilities ($1,290)
Other ($470 + $0.019) - $550
Total Expense - $18,340
Net Operating Income - $15,260
What is the net operating income based on the actual results for August?

A) $14,710
B) $15,260
C) $17,810
D) $16,000

Answer 1

The net operating income for the Quilcene Oysteria for August based on actual results is $15,260.

Step-by-step explanation:

The net operating income based on the actual results for August for the Quilcene Oysteria is $15,260. This is calculated by subtracting the total expenses from the revenue. According to the information provided, the revenue is $33,600 and the total expenses are $18,340, which results in the net operating income of $15,260.