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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.

	Actual Results	Flexible Budget	Master Budget

Ground coffee	$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
Espresso machine repair	50	120	150

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9944752

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