Homework Answers
1) Total Controllable Cost Variance = Actual Cost- Standard Cost
= 180,100- (40,000x3.6)+70,000
=33,900 (Favorable)
2)Labor Efficiency Variance = SR(AH-SH)
=16(72190-(17900X4))
=9,440 (Unfavorable)
3)Total Direct Materials Cost Variance = Actual Cost- Standard Cost
=888,250 - 810,000
=78,150 (Unfavorable)
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Acme Company’s production budget for August is 18,300 units and
includes the following component unit costs: direct materials,
$6.30; direct labor, $10.80; variable overhead, $6.50. Budgeted
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Prepare a performance report, including each cost component.
(Indicate the effect of each variance by selecting "F" for
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