Standard Costs

Mat
Cloth
120
Mix
40
Lab
Mixing
0.5
Molding
1
OH
(for 450 hulls)

Actual

for 430 hulls

Purch

Cloth
Mix
Cloth
Mix
Mixing
Molding

Used
Lab

2
3.75
20.25
20.25

Mat

Usage
Price

Lab

Eff
Rate

60000
20000
54000
19000
210
480

1.8
4.09
1.8
4.09
21.37
20.25

OH

Std Cost
Actual Cost
Difference

240
150
10.13
20.25
24.3
444.68

430

444.68

108000
81800
97200
77710
4487.7
9720
11140

###
200257.7
-9047.45

OH

Cloth
Mix
Cloth
Mix
Mixing
Molding
Mixing
Molding

Volume
Spending
Net

Total Variance
Impact on Price per Unit
Actual
Material
406.77
Lab
33.04
OH
25.91
465.72
Other cost 914.33
Total
1380.05
Sale price
Profit

2265
884.95

-2400
-1800
54000
19000

2
3.75
0.2
-0.34

-4800
-6750
10800
-6460

5
-50
210
480

20.25
20.25
-1.12
0

101.25
-1012.5
-235.2
0

10449 10740.6
10740.6
11140
10449
11140

-11550
4340

Qty
Sales
COS
Profit

Budget Actual
450
430
1019250 973950
### 593419.6
### 380530.4

Decomposition of Total Variances

-911.25
-235.2
-291.6
-399.4
-691

Unit Margin
Material Usage
Price
Labour
Efficiency
Rate
OH
Volume
Spending

-9047.45
Volume
Std

Variance
390
-16.77
30.38
-2.67
24.3
-1.61
444.68 -21.04

914.33
1359.01
2265
906

Total Variances

-11550
4340
-911.25
-235.2
-291.6
-399.4

###

Total Variances
-9047.45

-18119.9
###