DIKETAHUI:

MASTER BUDGET
BUDGETED PRODUCTION
MATERIALS:

4,200
2 LEATHER STRIPS @

7.00

18.00

LABOR:
1.5 HRS @
JAWAB:
ACTUAL
UNIT PRODUCED
DIRECT MATERIALS COST
DIRECT LABOR COST
TOTAL

$
$

4,100
58,700
112,900
171,600

BUDGETED
4,200
$
58,800
$
113,400
172,200

ACTUAL DATA
ACTUAL PRODUCTION

4,100

MATERIALS COST

58,700

LABOR COST

112,900

VARIANCE
(100) UF
(100) F
(500) F
(600) F

DIKETAHUI:
STANDARD COST
DIRECT MATERIALS
DIRECT LABOR
FOH
VOH

4 LBS. @
2 HRS. @
2 HRS. @
2 HRS. @

$
$
$
$

2.80
18.00
5.20
0.70

=
=
=
=

$ 11.20
$ 36.00
$ 10.40
$
1.40

JAWAB:
1. VARIABLE OVERHEAD SPENDING AND EFFICIENCY VARIANCES
ACTUAL VARIABLE OVERHEAD
AVOR
=
ACTUAL HOURS
AVOR

VARIABLE OVERHEAD
SPENDING VARIANCE

VARIABLE OVERHEAD
SPENDING VARIANCE

VARIABLE OVERHEAD
EFFICIENCY VARIANCE

VARIABLE OVERHEAD
EFFICIENCY VARIANCE

0.71

(AVOR -SVOR) x AH
$

1,170

UF

(AH - SH) x SVOR

$

(210)

(1,000)

2. FIXED OVERHEAD SPENDING AND VOLUME VARIANCES

FIXED OVERHEAD
=
AFOH -BFOH
SPENDING VARIANCE
FIXED OVERHEAD
SPENDING VARIANCE

FIXED OVERHEAD VOLUME

VARIANCE

BUDGETED FIXED OVERHEAD APPLIED FIXED OVERHEAD

FIXED OVERHEAD VOLUME

VARIANCE

BUDGETED FIXED OVERHEAD - (SH x

SFOR)

FIXED OVERHEAD VOLUME

VARIANCE

4,160

UF

ACTUAL
OVERHEAD RATES
UNIT PRODUCED
DIRECT LABOR
FOH
VOH

158,900 HRS. @

$
$
$

80,000
79,600
18.10
831,000
112,400

DIKETAHUI:
STANDARD COST
DIRECT MATERIALS
DIRECT LABOR
VOH
FOH

6 LBS. @
1.6 HRS. @
1.6 HRS. @
1.6 HRS. @

$
$
$
$

5.00
12.00
10.00
6.00

=
=
=
=

$
$
$
$

30.00
19.20
16.00
9.60

1. VARIABLE OVERHEAD SPENDING AND EFFICIENCY VARIANCES

ACTUAL VARIABLE OVERHEAD
AVOR
=
ACTUAL HOURS
AVOR

VARIABLE OVERHEAD
SPENDING VARIANCE

VARIABLE OVERHEAD
SPENDING VARIANCE

VARIABLE OVERHEAD
EFFICIENCY VARIANCE

VARIABLE OVERHEAD
EFFICIENCY VARIANCE

10.49

(AVOR -SVOR) x AH
$

40,000

UF

(AH - SH) x SVOR

$

20,000

UF

2. FIXED OVERHEAD SPENDING AND VOLUME VARIANCES

FIXED OVERHEAD
=
AFOH -BFOH
SPENDING VARIANCE
FIXED OVERHEAD
SPENDING VARIANCE

FIXED OVERHEAD
VOLUME VARIANCE

FIXED OVERHEAD
VOLUME VARIANCE

BUDGETED FIXED
OVERHEAD - APPLIED
FIXED
OVERHEAD
BUDGETED
FIXED

FIXED OVERHEAD
VOLUME VARIANCE

(20,000)

OVERHEAD - (SH x
SFOR)
$

96,000

UF

ACTUAL
PRACTICAL ACTIVITY
PRODUCTION
DIRECT LABOR
TOTAL ACTUAL FIXED OVERHEAD
TOTAL ACTUAL VARIABLE OVERHEAD

82,000 HRS.

$
$
$

60,000
50,000
1,066,000
556,000
860,000