Budgeted standard cost per unit?

Budgeted selling price per unit?

Budgeted gross margin per unit?

Budgeted gross margin %?

Monthly Actual Variance Budget (200,000 units) (180,000 units) (20,000 units) Revenue (transfer from Shenzhen) $41,240 $37,476 $3,764 U Variable costs Materials Flash memory 5,400 5,249 151 F Application process 2,150 1,935 215 F Chips-phone 2,810 2,529 281 F Gyroscope 520 468 52 F 8 other chips 14,190 12,643 1,547 F Variable supplies and tools 12,507 11,305 1,202 E Subtotal 37,577 34,129 3,448F Labor Assembly and packaging 2,622 3,092 470 U Shipping 212 191 21 E Total variable costs 40,411 37,412 2,999 F Fixed Costs: Factory rent 400 400 Machine depreciation 150 150 Utility fee and taxes 52 52 Supervision 127 134 7 U Total fixed costs 729 736 7 U Total costs 41,140 38,148 2,992 F Net income $ 100 $ (672) $ 772 U