Question
Mildura Company produces wine caskets and has determined the following direct cost categories and budgeted amounts: Category Standard Inputs for 1 output Standard Cost per
Mildura Company produces wine caskets and has determined the following direct cost categories and budgeted amounts:
Category | Standard Inputs for 1 output | Standard Cost per input |
Direct Materials | 0.9 | $9.2 |
Direct Labour | 0.5 | $9.6 |
Direct Marketing | 0.5 | $3.0 |
Actual performance for the company is shown below:
Actual output (in units) | 3950 |
Direct materials' costs | $28466 |
Materials purchased and used | 4028 |
Direct labour costs | $10110 |
Total labour hours used | 1186 |
Direct marketing labour costs | $5401 |
Total marketing labour hours used | 1837 |
Compute the combined total of the flexible-budget variances (use negative sign for favourable variance) and enter the answer below:
Answer:
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