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Chin Inc. has provided you with the following information: Budgeted sales 1500 units Budgeted selling prices $120 Budgeted salese Budgeted selling pric Standard cost of

Chin Inc. has provided you with the following information:

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Budgeted sales 1500 units Budgeted selling prices $120

Budgeted salese Budgeted selling pric Standard cost of direct materials per unit Standard quantity of direct labour per unite Standard fixed costs ( total)e Actual salese Actual selling pricee Actual cost of direct materials per unit Actual quantity of direct labour per unite Standard fixed costs ( total)e 1500 unitse S120e 2 meters X $30 per meters - S6CV 1 hours x S 25 per hour = S25e $10,000 1450 unitse S120e 1.8 meters X S25 per meters = $49 1.25 hours x $20 per hour = $25e $10,000

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