$ | $ | |
Sales | 883,500 | |
Direct materials | 232,800 | |
Direct wages | 315,600 | |
Variable overheads | 155,400 | |
Fixed overheads | 95,100 | 798,900 |
84,600 |
Statement Of Variance | $ |
Sales volume(quantity) | 45,000(A) |
Sales Price | 16,500(A) |
Direct material-Price | 12,600(F) |
Direct material-Usage | 20,400(A) |
Direct labor-Rate | 6,300(F) |
Direct labor-Efficiency | 21,900(A) |
Fixed overhead-Expenditure | 5,100(A) |
(b) the actual production in units (4 marks)
(c) the actual hours worked (4 marks)
(d) the budgeted fixed overhead (3 marks)
(e) the standard selling price (5 marks)
- Management Accounting Test Question On Standard Costing SC5
- Management Accounting Test Question On Standard Costing SC3
- Management Accounting Test Question On Standard Costing SC1
- Management Accounting Test Question On Standard Costing SC4
- Answer To Accounting Test Question No. 1 On Activity Based Costing
- Activity Based Costing Question No.5 (with answer)
- Management Accounting Question No TCA1-Comparing Absorption Cost And Marginal Costing
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
Recent Comments