Homework Answers
| First let us calculate the per unit variable costs from the static budget. | |
| per unit | |
| Direct materials ( 273000 / 39000 ) | 7 |
| Direct labor ( 234000 / 39000 ) | 6 |
| Variable manufacturing overhead ( 58500 / 39000 ) | 1.5 |
| Required a : | ||
| Flexible budget | ||
| Production in units | 40700 | Kits |
| Direct materials ( 40700 * 7 ) | 284900 | |
| Direct labor ( 40700 * 6 ) | 244200 | |
| Variable manufacturing overhead ( 40700 * 1.5 ) | 61050 | |
| Total variable costs | 590150 | |
| Fixed manufacturing overhead | 208000 | |
| Total manufacturing costs | 798150 | |
| Required b : | ||
| Variances | ||
| Direct materials ( 322800 - 284900 ) | 37900 | U |
| Direct labor ( 237600 - 244200 ) | 6600 | F |
| Variable manufacturing overhead ( 63150 - 61050 ) | 2100 | U |
| Total variable costs ( 623550 - 590150 ) | 33400 | U |
| Fixed manufacturing overhead ( 203900 - 208000 ) | 4100 | F |
| Total manufacturing costs ( 827450 - 798150 ) | 29300 | U |
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