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please do part 3 and part 4 2 Actual Flexible FU Flexible Budget Sales FU Static Budget Budget Volume 3 Variance Variance 4 Sales Revenues
please do part 3 and part 4
2 Actual Flexible FU Flexible Budget Sales FU Static Budget Budget Volume 3 Variance Variance 4 Sales Revenues $ 5,166,000 $ (63,000) U $ 5229.000 $(581,000) U $ 5.810,000 5 Direct Matcrials 2,457.000 189.000 U 2.268.000 (252,000) F 2520.000 6 Direct Labor 106,400 11.900 U 94.500 (10.500) F 105,000 7 Sales Commissions 441,000 (12,600) F 453,600 (50,400) F 504,000 8 Total Variable Costs 3,004,400 188,300 U 2,816,100 (312.900) F 3,129,000 9 Contribution Margin 2,161,600 2,412.900 2681 000 10 Less Fixed Cost 1,100,000 110,000 U 990,000 990.000 11 Net Operating Income $ 1,061,600 $(361,300) U S 1,422,900 $(268,100) 1,691,000 12 13 Part 2: Calculate Total Static Budget Variance, Flexible Budget Variance, and Sales Volume Variance. 14 15 16 (629.400) U 17 Total Static Budget Variance 18 19 (361.300) U (268.100) U Total Flexible Budget Variance Total Sales Volume Variance 24 Part 3: Calculate Direct Materials Price and Emiciency Variances Actual Costs Incurred Actual Input QtX Budgeted Price Flexible Budget 25 26 27 28 Direct Materials 29 30 31 32 33 34 Price Variance Eficiency Variance Flexible Budget Variance 35 Part 4: Calculate Direct Manufacturing Labor Price and Efficiency Variances 36 37 38 Actual Costs incurred Actual Input Of X Budgeted Price Flexible Budget 39 40 41 Direct Manufacturing Labor 42 43 Price Variance Efficiency Variance 45 16 47 Flexible Budget Variance 2 Actual Flexible FU Flexible Budget Sales FU Static Budget Budget Volume 3 Variance Variance 4 Sales Revenues $ 5,166,000 $ (63,000) U $ 5229.000 $(581,000) U $ 5.810,000 5 Direct Matcrials 2,457.000 189.000 U 2.268.000 (252,000) F 2520.000 6 Direct Labor 106,400 11.900 U 94.500 (10.500) F 105,000 7 Sales Commissions 441,000 (12,600) F 453,600 (50,400) F 504,000 8 Total Variable Costs 3,004,400 188,300 U 2,816,100 (312.900) F 3,129,000 9 Contribution Margin 2,161,600 2,412.900 2681 000 10 Less Fixed Cost 1,100,000 110,000 U 990,000 990.000 11 Net Operating Income $ 1,061,600 $(361,300) U S 1,422,900 $(268,100) 1,691,000 12 13 Part 2: Calculate Total Static Budget Variance, Flexible Budget Variance, and Sales Volume Variance. 14 15 16 (629.400) U 17 Total Static Budget Variance 18 19 (361.300) U (268.100) U Total Flexible Budget Variance Total Sales Volume Variance 24 Part 3: Calculate Direct Materials Price and Emiciency Variances Actual Costs Incurred Actual Input QtX Budgeted Price Flexible Budget 25 26 27 28 Direct Materials 29 30 31 32 33 34 Price Variance Eficiency Variance Flexible Budget Variance 35 Part 4: Calculate Direct Manufacturing Labor Price and Efficiency Variances 36 37 38 Actual Costs incurred Actual Input Of X Budgeted Price Flexible Budget 39 40 41 Direct Manufacturing Labor 42 43 Price Variance Efficiency Variance 45 16 47 Flexible Budget Variance
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