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Standard Material Cost R$ 46.68: Nyclyn R$ 17.40 Salex R$ 17.28 Protet R$ 12.00

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zZl3Ul2NNINGZz

The document details variances in actual and projected/standard costs for direct materials and direct labor for a company. It includes favorable and unfavorable variances for materials and labor costs, as well as efficiency variances for labor hours. Charts are also included to show variance amounts over time.

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Standard Material Cost R$ 46.68: Nyclyn R$ 17.40 Salex R$ 17.28 Protet R$ 12.00

Uploaded by

zZl3Ul2NNINGZz
13 views10 pages
The document details variances in actual and projected/standard costs for direct materials and direct labor for a company. It includes favorable and unfavorable variances for materials and labor costs, as well as efficiency variances for labor hours. Charts are also included to show variance amounts over time.

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HW10-11e

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The document details variances in actual and projected/standard costs for direct materials and direct labor for a company. It includes favorable and unfavorable variances for materials and labor costs, as well as efficiency variances for labor hours. Charts are also included to show variance amounts over time.

Copyright:

© All Rights Reserved
Download as XLSX, PDF, TXT or read online from Scribd
Download as xlsx, pdf, or txt
13 views10 pages

Standard Material Cost R$ 46.68: Nyclyn R$ 17.40 Salex R$ 17.28 Protet R$ 12.00

Uploaded by

zZl3Ul2NNINGZz
The document details variances in actual and projected/standard costs for direct materials and direct labor for a company. It includes favorable and unfavorable variances for materials and labor costs, as well as efficiency variances for labor hours. Charts are also included to show variance amounts over time.

Copyright:

© All Rights Reserved
Download as XLSX, PDF, TXT or read online from Scribd
Download as xlsx, pdf, or txt
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Nyclyn R$ 17.

40
Salex R$ 17.28
Protet R$ 12.00
Standard material cost R$ 46.68
Direct material variances
Actual material cost $ 346,500.00
Projected material cost $ 396,000.00
$ 49,500.00 Favorable
Projected material cost $ 396,000.00
Standard material cost $ 351,120.00
$ (44,880.00) Unfavorable
Total direct material variances $ 4,620.00 Favorable

Direct labor variances


Actual labor cost $ 339,625.00
Projected labor cost $ 292,600.00
$ (47,025.00) Unfavorable
Projected labor cost $ 292,600.00
Standard labor cost $ 345,800.00
$ 53,200.00 Favorable
Total direct labor variances $ 6,175.00 Favorable
Standard direct labor hours 165.5*4 Standard direct
Machine hours
Direct labor effiiciency varianc(374-662)*15.08 labor hours
January 165.5 662.00
Febuary 100.3 401.20
March 552.0 2,208.00
April 713.8 2,855.20
May 160.0 640.00
June 232.0 928.00
July 104.0 416.00
August 96.0 384.00
September 96.0 384.00
October 72.0 288.00
Direct labor
Standard direct 20 percent of standard 20 percent of standard
efficiency
labor cost direct labor cost direct labor cost
variance
$ 9,982.96 $ 1,996.59 January $ 1,996.59 $ 4,343.00
$ 6,050.10 $ 1,210.02 Febuary $ 1,210.02 $ 2,823.00
$ 33,296.64 $ 6,659.33 March $ 6,659.33 $ 17,191.00
$ 43,056.42 $ 8,611.28 April $ 8,611.28 $ 20,501.00
$ 9,651.20 $ 1,930.24 May $ 1,930.24 $ 4,162.00
$ 13,994.24 $ 2,798.85 June $ 2,798.85 $ 5,904.00
$ 6,273.28 $ 1,254.66 July $ 1,254.66 $ 2,006.00
$ 5,790.72 $ 1,158.14 August $ 1,158.14 $ 1,003.00
$ 5,790.72 $ 1,158.14 September $ 1,158.14 $ 837.00
$ 4,343.04 $ 868.61 October $ 868.61 $ 1,960.00

$25,000.00

$20,000.00

$15,000.00

$10,000.00

$5,000.00

$-
Difference

$ 2,346.41 January $ 4,343.00 $ 5,000.00


$ 1,612.98 Febuary $ 2,823.00 $ 5,000.00
$ 10,531.67 March $ 17,191.00 $ 5,000.00
$ 11,889.72 April $ 20,501.00 $ 5,000.00
$ 2,231.76 May $ 4,162.00 $ 5,000.00
$ 3,105.15 June $ 5,904.00 $ 5,000.00
$ 751.34 July $ 2,006.00 $ 5,000.00
$ (155.14) August $ 1,003.00 $ 5,000.00
$ (321.14) September $ 837.00 $ 5,000.00
$ 1,091.39 October $ 1,960.00 $ 5,000.00

Variance data
$25,000.00

$20,000.00

$15,000.00

$10,000.00

$5,000.00

$-
January Febuary March April May June July August September October

Column Q Column P
September October
Direct material
Lumber $ 4.50
Rubber foot pads $ 0.20
$ 4.70
Direct labor
Lumber $ 1.92
Rubber foot pads $ 2.00
$ 3.92
Total standard unit cost $ 8.62
72,000 units Static budget 24,000 unitsActual budget 20,000 units
Direct material $ 1,440,000.00 $ 480,000.00 $ 432,500.00
Direct labor $ 360,000.00 $ 120,000.00 $ 110,600.00
Variable production overhead $ 450,000.00 $ 150,000.00 $ 152,000.00
Depreciation $ 72,000.00 $ 24,000.00 $ 24,000.00
Supervisory salaries $ 108,000.00 $ 36,000.00 $ 37,800.00
Other fixed production overhead $ 720,000.00 $ 240,000.00 $ 239,000.00
Total $ 3,150,000.00 $ 1,050,000.00 $ 995,900.00
Variance 72,000 units
$ 47,500.00 Favorable Direct material $ 1,440,000.00
$ 9,400.00 Favorable Direct labor $ 360,000.00
$ (2,000.00) Unfavorable Variable production overhead $ 450,000.00
$ - Depreciation $ 72,000.00
$ (1,800.00) Unfavorable Supervisory salaries $ 108,000.00
$ 1,000.00 Favorable Other fixed production overhead $ 720,000.00
$ 54,100.00 Favorable Total $ 3,150,000.00
Flexible budget 20,000 unitsActual budget 20,000 unitsVariance
$ 400,000.00 $ 432,500.00 $ (32,500.00) Unfavorable
$ 100,000.00 $ 110,600.00 $ (10,600.00) Unfavorable
$ 125,000.00 $ 152,000.00 $ (27,000.00) Unfavorable
$ 24,000.00 $ 24,000.00 $ -
$ 36,000.00 $ 37,800.00 $ (1,800.00) Unfavorable
$ 240,000.00 $ 239,000.00 $ 1,000.00 Favorable
$ 925,000.00 $ 995,900.00 $ (70,900.00) Unfavorable

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