The CEO of Star Coffee is interested in reviewing the May 2014 performance report for Cost Center 7-11. Prepare a brief performance report for the CEO utilizing the following information for Cost Center 7-11. Line items should be broken out between direct materials, direct labor, variable overhead, and fixed overhead.
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Actual Results
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Flexible Budget
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Master Budget
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|
|
|
|
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Ground coffee
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$1,350
|
$1,200
|
$1,270
|
|
Flavored syrups
|
2,300
|
2,320
|
3,000
|
|
Milk
|
850
|
800
|
950
|
|
Servers' wages
|
3,500
|
3,800
|
3,600
|
|
Supervisor's salary
|
5,000
|
5,000
|
5,000
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|
Espresso machine repair
|
50
|
120
|
15
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