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Unformatted text preview: $1.80 per pound 1.80 per pound (51000 pds62000pds) Quantity Variance 5250 U Actual Hours of Input, at the Standard Rate (AH SR) 11,800 hours $9.20 per hour $108,560 Efficiency Variance, $1840 F = ($9.20 per hour(11,800 hours 12000 hours) Total Variance $8780 U e, Actual Hours of Input, at the Standard Rate (AH SR) 7400 hours $3.10 per hour $22,940 Standard Hou Allowed for Actual Output, at t (SH SR) 7500 hours = (15000 pools x 0. $3.10 per hou $23,250 Efficiency Variance, $310 F =$3.10 per hour (74007500) nce, Total Variance, $3390 U rable variance of $19570 for the month caused the plant's variable cost of goods sold to increase fro ifference between the budgeted net operating income and the actual net operating income for the m variance and the labor rate variance. Standard Quantity Allowed for Actual Output, at...
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This note was uploaded on 05/02/2008 for the course ACCT 225 taught by Professor H during the Winter '08 term at Franklin.
- Winter '08