Chapter 11 Overview

Chapter 11 Overview - :-Rate Variance: (AH x AR) – (AH x...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 11 Overview/ Formulas Direct Materials Variances : - Price Variance: (AQ x AP) – (AQ x SP) - Quantity Variance: (Materials used in production x SR) – (SQ x SP) Direct Labor Variances : - Rate Variance: (AH x AR) – (AH x SR) - Efficiency Variance: (AH x SR) – (SH x SR) Variable Manufacturing Overhead Variances
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: :-Rate Variance: (AH x AR) – (AH x SR)-Efficiency Variance: (AH x SR) – (SH x SR) • Throughput Time = Process Time + Inspection Time + Move Time + Queue Time • MCE = Value-Added Time (Process Time) / Throughput (Manufacturing Cycle) Time • Delivery Cycle Time = Wait Time + Throughput Time...
View Full Document

This note was uploaded on 10/17/2011 for the course ACCT 206 taught by Professor Dr.zachry during the Spring '11 term at Nicholls State.

Ask a homework question - tutors are online