The CEO of Buckstars Is Interested in Reviewing the May

Essay

The CEO of Buckstars is interested in reviewing the May 20xx 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.
$\begin{array}{lrrr}&& \text { Flexible } & \text { Master Budget } \\&\text { Actual Results } & \text { Budget } &\\\text { Ground coffee } & \$ 1,350 & \$ 1,200 & \$ 1,270 \\\text { Flavored syrups } & 2,300 & 2,320 & 3,000 \\\text { Milk } & 850 & 800 & 950 \\\text { Servers' wages } & 3,500 & 3,800 & 3,600 \\\text { Supervisor's salary } & 5,000 & 5,000 & 5,000 \\\text { Espresso machine repair } & 50 & 120 & 150\end{array}$