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The financial department of Reuvekamp nv has drawn up the following figures for 2020 with regard to the actual costs and the realized production for
The financial department of Reuvekamp nv has drawn up the following figures for 2020 with regard to the actual costs and the realized production for 2020. The realized production is 5,800 pieces of G8. The actual variable material costs (6 800 kg) are 139,400. The actual variable machine costs (8 850 hours) are 279,000. The actual fixed costs are 384,000. There were no efficiency results for fixed costs. Indicate for all results whether there is a positive or negative result. e. Calculate the budget result for 2020 based on the realized production. f. Calculate the efficiency result on the material costs in euros. g. Calculate the efficiency result on the variable machine costs in euros. h. Calculate the price result on the material costs. i. Calculate the price result on the variable machine costs
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