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please answer this question

This topic has 3 replies, 2 voices, and was last updated 12 years ago by Sangria9.

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June 15, 2012 at 2:09 pm #53493
arslan9898
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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?
June 15, 2012 at 2:11 pm #101017
arslan9898
Member
- 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?
June 15, 2012 at 2:14 pm #101018
arslan9898
Member
- 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
June 18, 2012 at 2:33 am #101019
Sangria9
Member
- Topics: 25
- Replies: 285
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
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