DM

DL
V. O/h
F. O/h

kgs
hours
hours
hours

0.5
2
2
2

$4
$2
$0.30
$3.70

Std. Cost
Std. Profit
Std. Sale Price

Material
Actual
Expected
Total

Labor
Actual
Expected
Total

$2.00
$4.00
$0.60
$7.40
$14.00
$6.00
$20.00

Price

($600)

Rate

$200

Volume
2300
2425
$500

Total
$9,800
$9,700
($100)

Efficiency
8000
9700
$3,400

Total
$15,800
$19,400
$3,600

Units Produced
Material Consumed (kg)
Material Consumed ($)
V. o/h
F. o/h

Labor hrs
Labor $

Budgeted Profit
SVPF
Std. Profit from Act. Sales
Sales Price Variance
MP
MV
LP
LV
o/h P
o//h V
Fix o/h Expenditure
Actual Profit

Budgeted
5100
2425
$9,700
$2,910
$35,890
37740
$4,560

Actual
4850
2300
$9,800
$2,600
$42,300

Budgeted
9700
$19,400

Total Actual
8500
$16,800

Absorp.
30,600
1,500
29,100
(1,400)
(600)
500
200
2,400
(200)
510
($4,560)
30,510

Marginal
68,340
3,350
64,990
(1,400)
(600)
500
200
2,400
(200)
510
(4,560)
66,400
61,840

Variance
-250
125
($100)
$310
($6,410)

Idle
500
$1,000

A
F
A
F
A

$95,600

Active Actual
8000
w. idle
w/o idle
$15,800
$2,600
$3,600 F

DM
DL
V. O/h
F. O/h

kgs
hours
hours
hours

100
10
10
0

$5
$8
$2.00
$0.00

Std. Cost
Std. Profit
Std. Sale Price

Material
Actual
Expected
Total

Labor
Actual
Expected
Total

$500.00
$80.00
$20.00
$0.00
$600.00
$300.00
$900.00

Price

($320,000)

Rate

$51,200

Volume
Total
90000 $720,000
100000 $450,000
$50,000 ($270,000)

Efficiency
8000
10000
$16,000

Total
$12,800
$80,000
$67,200

Units Produced
Material Consumed (kg)
Material Consumed ($)
Labor Hours
Labor $
V. o/h
F. o/h

Budgeted
1,020
100,000
$450,000
10,000
$65,600
$20,000
$0

Actual
1,000
90,000
$720,000
8,200
$63,000
$25,000
$0

Variance
(20)
10,000
($270,000)
1,800
$2,600
($5,000)
$0

Labor hrs
Labor $

Budgeted
10000
$80,000

Total Actual
8500
$16,800

Idle
500
$4,000

Absorp.
306,000
6,000
300,000
75,000
(600)
500
200
2,400
(200)
510
$0
377,810

Marginal
306,000
6,000
300,000
75,000
(600)
500
200
2,400
(200)
510
377,810
377,810

Budgeted Profit
SVPF
Std. Profit from Act. Sales
Sales Price Variance
MP
MV
LP
LV
o/h P
o//h V
Fix o/h Expenditure
Actual Profit

A
F
A
F
F
A
A

$975,000

Active Actual
8000
w. idle
w/o idle
$12,800
$63,200
$67,200 F