FLEXIBLE BUDGET VARIANCE ANALYSIS v1 units Budgeted Actual Sales 400 200000 200000 Variable cost of goods sold 48280 50500 Variable selling expense $5/unit 2000 2000 Total variable expense 50280 52500 Contribution margin 149720 147500 Fixed MOH Fixed selling & admin Total fixed expenses 66000 81000 147000 66000 81000 147000 Operating Income (loss) $ 2,720 $ 500 (2,220) Std Qty Direct materials Direct labor Variable MOH Std Price 5.2 46 3.5 1.5 1.4 Std Cost $46.80 $69.00 $4.90 $120.70 During November the plant produced 400 units. Der 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. machine hours. d. Incurred MOH variable of $2,400 and 600 Calculate DM, DL, and MOH Variances: Price Var Eff Var DM DL MOH Totals