A flexible budget adjusts primarily based on adjustments in actual revenue or different sports. The result is a price range that within reason carefully aligned with real effects. This method varies from the extra common static finances, which includes nothing however constant expense amounts that do not vary with actual revenue tiers.
Lavage Rapide Ine
Revenue and Spending Variance
For the Year Ended August 31
TActila | Revenueand |Fexible | Activity [Planning
Results [Spending Vairance|Dudget | Variance [Budget Formula
(Cars Washed 0000, 0800 39000
Since Revenue 5000) aofu azi0| seq) ai09] e000" 490
Expense I
Cleaning supplies 7560) wal 7oa0| 360) 7200] s500* 080
Electricity 2670| 150] 2520] 30]F 2550] 000° 015+ 1200]
Maintenance 2260) s00|u 1760] 401F 1609] 600" 020
[Wages and Salaries ‘500 ‘solu 7640] 60]F 7700] 500° 030+ 5000]
Depreciation 6000) ‘o|None | 6000] o|None 000] ‘6000
Rent ‘50001 ‘o|None | 9000) —o|None ‘000] ‘5000
‘Administrative Expense | 4950 only ‘4900 20/F 900] ss00* 010+ _4000]
Total Expenses 39940) 3i00|u | 37640] 310|F 30150]
‘Operating Income sua] 21s0|u 260/670) 5950]
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