Actual Variants Flex Variance Static Planning Data U Or F Budget Sales In Units Uore Budret 26 300 26 300 Sales Revenue 1 (48.54 KiB) Viewed 29 times
Actual Variants Flex Variance Static Planning Data U Or F Budget Sales In Units Uore Budret 26 300 26 300 Sales Revenue 2 (20.85 KiB) Viewed 29 times
Actual Variants Flex Variance Static/Planning Data U or F Budget Sales in units UorE Budret 26,300 26,300 Sales Revenue 25,000 $605,000 Variable Expenses F 5591,150 $562,500 Sales Commissions $ 78,000 F 578.900 F $75,000 Travel expenses in miles $210.000 10 209.000 F $200.000 Total variable expenses $288,000 3283.000 F $275,000 Fixed Expenses Rent $36,500 $70,000 MA $36,000 Sales Salaries $48.600 - U $48.000 NA $48,000 Depreciation - Sales Staff Autos $32,000 NJA 32000 NA $32,000 Total Fixed Costs: $1174100 Bilbo NA $116.000 Total Expenses S485109 3399 400 $391.000 Net Income $199.900 191.850 $171,500 Variance Analysis and Standard Costs: Show Calculations Dalia Industries produces a cleaning product that works for the peskiest stains. It's pricey, but less expensive than hiring a professional cleaning service. The managers at Dalins are conducting variance analysis at the end of January, the first month of the new fiscal year, The company's standards for one gallon of cleaning solution are as follows, along with actunl information for the month. Standard Ouantity per Unit Standard Prics DM ..5 gallont of solution $20.00 per gallon DL 3 DL hours $18.00 per DL hour Actual results for January • 22,000 gallons were produced • Cost of DM purchased was $226,800 • DM used in production was 10,800 Cost of DL was $122,500 for 7,000 DL hours worked Required: Compute the following variances Figure your answers below and record your final answer in the space provided Materials price variance: Favorable or Unfavorable
Materials quantity variance: Total materials variance: Favorable or Unfavorable Labor Rate variance: Favorable or Unfavorable Favorable or Unfavorable Labor Efficiency variance: Favorable or Unfavorable Total spending variance: Favorable or Unfavorable
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