FLEXIBLE BUDGET VARIANCE ANALYSIS v1 Sales units 400 Variable cost of goods sold Variable selling expense $5/unit Total variable expense Contribution margin Fixed MOH Fixed selling & admin Total fixed expenses Operating Income (loss) Direct materials Direct labor Variable MOH Budgeted 200000 Actual 200000 48280 50500 2000 2000 50280 52500 149720 147500 66000 66000 81000 81000 147000 147000 $ 2,720 $ 500 (2,220) Std Qty Std Price Std Cost 9 5.2 $46.80 1.5 1.4 54 46 $69.00 3.5 $4.90 $120.70 During November the plant produced 400 units. per a. Purchased materials of b. Used in production 4000 pounds @ 3500 pounds $4.80 pound. c. Worked direct labor of 700 hours@ $45.00 per hour. d. Incurred MOH variable of $2,400 and 600 machine hours Calculate DM, DL, and MOH Variances: C Price Var Eff Var DM DL MOH Totals