Question

the Requirement forget Now there could c conc e ns ome dy Chomary the three to the next

Answer 1

Wa Dleet material Cost Variance = Standard Cost - Actual Cost = (50 xSD) - (Ao X AP) (108000 units X aperts per unit) 1.16 - [ 215000 x10.181.pl = 234560] - (45150 = $10590. urfavouable quantity = No. of units sold x Std Material aty Required * so = Standard - pee unit sald. A Ditent laber cost variance = (standard Cast (for actual output - Actual cost for? Actual output) - Standard xsd - Actual & Actud to I hours for Actual Rate howes Rate Production (0.02x108000 unitag] - [1600x9:15] - 19440 - 15189 = 44.251 faveusable

= Dileet motenal efficiency Ivaciance Standard lice Standard I Quantity - Actual! day = [ 8.16 ( 108000x 2) - 215000} = 8.16 { 216000 - 215000 } ] = $160 favourable. (D) Direct labor efficiency Veliance - Standard Standard - Actual Rete I hous homes - 9 [C1080008.02) - 1662 =9[2160-1660 = $4500 favorable

2 Variable off Standard oly hours 1 - incent cast varianu = (standard Rate of Recovery of x Variable of -pee how Standard vou - Per hour X Std hous -ojn incurred = { $ 11 x (1080008.02) - 15000 = 23760-15000 - 8760 favourable affeciency variance & Std VOH std - Actual hows Variable oft pee how I houes = $11 (1090008.02) - 1660 1 =$11/ 2160-1660) = $5500 favorable : stand and x Actual Actual ofH. Rate of for output Fixed cost variance et L pe unit = (0.34X108000) – 30060 36720 -30000 = $6720 favorable

Page - t randard Rate of I fixed oft pe unit fixed off as pee state budged no. of units for which Hatta budget is set = $33320 98000 - $0.34 Tired oly volume Vacianu - Actual Standard Rate / Budgeted - © fон pee unit - $0.34 / 98000 - 108000) = $ 3400 favourable is more than leu since, variance Actual producte on is favourable favourable effileny Variasie. unfavourable cast variance.