Question
Use the following information to complete variance analysis for Maple Co. Budgeted Units 40,000 Budgeted Selling Price $55 Budgeted Direct Labor (3 hours @ $13/hour
Use the following information to complete variance analysis for Maple Co.
Budgeted Units | 40,000 |
Budgeted Selling Price | $55 |
Budgeted Direct Labor (3 hours @ $13/hour | $39 per unit |
Actual Direct Labor Hours | 120,000 |
Actual Cost of Direct Labor | $1,530,000 |
Actual Selling Price | $50 |
Budgeted Direct Materials (4 lbs @ $3/lb) | $12 per unit |
Actual Direct Materials Used | 189,000 |
Actual Units | 42,000 units |
Actual Cost of Direct Materials Used | $491,400 |
A. What is the Selling Price Variance?
B. What is the Direct Labor Efficiency Variance?
C. What is the Flex Budget Variance?
D. What is the Direct Materials Price Variance?
E. What is the Direct Materials Price Variance?
F. What is the Direct Materials Price Variance?
G. What is the Direct Materials Price Variance?
H. What is the Direct Materials Price Variance?
I. What is the Direct Materials Price Variance?
J. What is the Direct Labor Variance?
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