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Dawn Co. manufactures and sells Toys and the following are the data for year 2019: Actual Static Budget Units Sold 9,000 8,000 Revenues 990,000 800,000
Dawn Co. manufactures and sells Toys and the following are the data for year 2019: Actual Static Budget Units Sold 9,000 8,000 Revenues 990,000 800,000 Direct material 285,000 240,000 Direct Labor 102,000 80,000 Variable overhead 80,000 64,000 Fixed Cost 90,000 80,000 Additional Information: 1. Standard direct material cost per Toy: 3 bound of Plastic input allowed per output unit (Toy) manufactured, at $10 standard price per bound. 2. Actual bounds of plastic input purchased and used 30.000 bound, with Actual price per bound $ 9.5 3. Standard labor price per hour $20 4. Actual labor price per hour $20.40 After preparing level 2 analysis, the revenues sales volume variance equal: O 1,000 F 100.000 F 0 1,000 U 0 100,000 0 depending on the data in question 1, and after preparing level 2 analysis, the direct labor flexible budget variance equal: 0 10,000U O 12.000 F 10.000 F 12.000 U depending on the data in question 1, and after preparing level 2 analysis, the contribution margin flexible budget variance equal: 52.000 U T) 55.000U 52.000 F 0 55.000 F depending on the data in question 1, and after preparing level 2 analysis, the variable overhead sales volume variance equal: 12.000F - 10.000 U 0 8,000 U 8.000 F depending on the data in question 1, and after preparing level 2 analysis, the operating income sales volume variance equal: 0 52.000 F 0 45.000 U 0 45.000 F 0 52.000 U depending on the data in question 1, and after preparing level 3 analysis, the direct material price variance equal: 15.000U 0 30.000 F 0 30.000 0 15.000 F depending on the data in question 1, and after preparing level 3 analysis, the direct labor efficiency variance equal: 2.000 U 0 2.000 F 10.000 U O 10.000 F depending on the data in question 1, and after preparing level 3 analysis, the fixed overhead spending variance equal: O 10.000 F O 10.0000 0 2.000 U 0 2.000 F
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