Robert, a Baker, Receives an Order for Preparing 10 Cakes

question 11

Multiple Choice

Robert, a baker, receives an order for preparing 10 cakes in one day. He is given a budget of $5,000. In six hours, he bakes two-thirds of the order and spends $3,600. Calculate the schedule performance index from the given scenario.

• A) 0.55
• B) 0.33
• C) 0.25
• D) 0.66
• E) 0.75

---

Definitions:

Matching Principle

An accounting concept that expenses should be recorded in the same period as the revenues they help to generate.