Suppose a firm plans to produce and sell 200 units of output with a total sale of $20,000. However, the actual production and sales are 100 units for $12,000. The detailed budgeted and actual production data are the following: Budget Actual 10 12 Direct material (units) per output Direct labor (hours) per output Price per unit direct material ($) Wage per labor hour ($) Variable Manufacturing Overhead (dollar) per output ($) 10 20 8 15 30 15 35 15 a)

Suppose a firm plans to produce and sell 200 units of output with a total sale of $20,000. However, the actual production and sales are 100 units for $12,000. The detailed budgeted and actual production data are the following:

Budget

Actual

10

12

Direct material (units) per output

Direct labor (hours) per output

Price per unit direct material

($)

Wage per labor hour ($)

Variable Manufacturing

Overhead (dollar) per output

($)

10

20

8

15

30

15

35

15

What is the flexible-budget variance for sales (selling-price variance)?

What are flexible-budget variances for direct material and direct labor?

What are the sales-volume variances for direct material and direct labor?

What is the price variance for direct material and the price variance for direct labor?

What is the efficiency variance for direct material and the efficiency variance for direct