Meatball Co.

Flexible Budget Performance Report

For the Month Ended October 31, 2020
Planning Activity Flexible Revenue &
Budget Variance Budget Spending Variance
Cost Driver
Unit Sold (Q1) 1,500 1,450
Delivery (Q2) 100 80

Revenue (15Q1) 22,500 750 U 21,750 - 250 F

Expenses
Ingrediants of Bakso (8Q1) 12,000 400 F 11,600 - 200 U
Kitchen Staff Salary 2,500 2,500
Utilities (200 + 2Q1) 3,200 100 F 3,100 500 F
Delivery Person (2,5Q2) 250 50 F 200 - 100 U
Delivery Equipment (100 + 1,5Q2) 250 30 F 220 20 F
Equipment Depreciation 700 700
Office Rent 1,000 1,000
Miscellaneous Expense (300 + 0,8Q 1,500 40 F 1,460 210 F
Total Expense 21,400 620 20,780 430

Net Operating Income 1,100 130 U 970 - 680 F

Actual Result

1,450
80

22,000

11,800
2,500
2,600
300
200
700
1,000
1,250
20,350

1,650
 Happy Juice
Flexible Budget Performance Report
For the Month Ended October 31, 2020
Planning Activity Revenue &
Budget Variance Flexible Budget Spending Variance
Cost Driver
Unit Sold (Q) 1,200 1,250

Revenue 18,000,000 - 750,000 F 18,750,000 - 250,000

Expenses
Ingrediants of Juice 4,560,000 - 190,000 U 4,750,000 - 275,000
Kitchen Staff Salary 5,220,000 - 217,500 U 5,437,500 112,500
Utilities 60,000 - 28,750 U 88,750 18,750
Utilities (Fixed) 630,000 630,000
Delivery Person 630,000 - 26,250 U 656,250 6,250
Delivery Vehicle 270,000 - 33,750 U 303,750 56,250
Delivery Vehicle (Fixed) 540,000 540,000
Vehicle Depreciation 276,000 - 11,500 U 287,500 12,500
Rent 1,830,000 - 76,250 U 1,906,250 62,500
Maintenance and Repair 239,250 - 42,000 U 281,250 93,750
Maintenance and Repair (Fixed) 768,750 768,750
Total Expense 15,024,000 - 626,000 U 15,650,000 87,500

Net Operating Income 2,976,000 - 124,000 F 3,100,000 - 337,500

 Actual Result

1,250

F 19,000,000

U 5,025,000
F 5,325,000
F 70,000
630,000
F 650,000
F 247,500
540,000
F 275,000
F 1,843,750
F 187,500
768,750 Planning Flexible Actual
F 15,562,500 15,024,000 15,650,000 15,562,500

F 3,437,500 2,976,000 3,100,000 3,437,500