From the information in the table, the labour ____________ variance is 1,980 adverse , and the labour ____________ variance is 1,080 favourable . Efficiency ;
From the information in the table, the labour ____________ variance is £1,980 adverse, and the labour ____________ variance is £1,080 favourable.
Efficiency ; volume
Volume; efficiency
Efficiency ; rate
Rate ; efficiency
Sales Direct Material Direct Labour Fixed production overhead Fixed selling & admin overhead Budgeted (400 units) 30 3kg x 4 2-hours x 5.50 Budgeted Profit 12,000 4,800 4,400 2,500 1,700 -1,400 Actual (500 units) 32 2.8kg x 3.50 2.4 hours x 5 Actual Profit 16,000 4,900 6,000 3,200 2,300 -400
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Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
4th Edition
978-0133251241, 9780133427516, 133251241, 013342751X, 978-0133255584
