Total Flexible Budget Product Cost Variance (a) Total Direct Materials Variance Total Direct Total Manufacturing Overhead Variance Labor Variance (b) () (d) irect Materials Direct Materials Cost Variance Efficiency Variance Cost Variance Efficiency Variance Total Fixed Overhead Variance Direct Labor Direct Labor Total Variable Overhead Variance $310 F $165 U $160 U $415 F (e) Variable Overhead Cost Variance Variable Fixed Overhead Efficiency Variance Cost Variance Overhead $525 U $575 F $50 F
Total Flexible Budget Product Cost Variance (a) Total Direct Materials Variance Total Direct Total Manufacturing Overhead Variance Labor Variance (b) () (d) irect Materials Direct Materials Cost Variance Efficiency Variance Cost Variance Efficiency Variance Total Fixed Overhead Variance Direct Labor Direct Labor Total Variable Overhead Variance $310 F $165 U $160 U $415 F (e) Variable Overhead Cost Variance Variable Fixed Overhead Efficiency Variance Cost Variance Overhead $525 U $575 F $50 F
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 23E: (Appendix) Calculating factory overhead: three variances Using the data given in E8-17, calculate...
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Understanding variance relationships
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