please answer this question

Home Forums ACCA Forum ACCA F2 – FIA FMA Management Accounting Forums please answer this question

This topic contains 3 replies, has 2 voices, and was last updated by Avatar of Sangria9 Sangria9 2 years ago. This post has been viewed 34 times

Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts

  • avatar
    arslan9898
    Participant
    • Topics: 16
    • Replies: 14

    MASTER BUDGET ACTUAL
    10000 units 9000 units

    Direct material 50000 46000
    Direct labour cost 40000 39000
    Fixed p overhead 70000 69000

    What is the variable cost variance?

    My answer is 4000A. I am right?


    avatar
    arslan9898
    Participant
    • Topics: 16
    • Replies: 14

    MASTER BUDGET ACTUAL
    10000 units 9000 units

    Direct material 50000 46000
    Direct labour cost 40000 39000
    Fixed p overhead 70000 69000

    What is the variable cost variance?

    My answer is 4000A. I am right?


    avatar
    arslan9898
    Participant
    • Topics: 16
    • Replies: 14

    question is not coming in good format.

    10000 units is under master budget and 9000 units under actual budget.
    As well 50000, direct material under master and 46000 under actual and so on….

    I hope you understand


    Avatar of Sangria9
    Sangria9
    Moderator
    • Topics: 20
    • Replies: 209

    Flexed budget:
    9000 units

    Direct material 45000
    Direct labour cost 36000
    Fixed p overhead 70000

    Variance (flexed vs actual):
    Direct material 1000 (A)
    Direct labour cost 3000 (A)
    Fixed p overhead 1000 (F)

    It total I have cost variance 3000 adverse

Viewing 4 posts - 1 through 4 (of 4 total)

You must be logged in to reply to this topic.