11.28 A. Total Standard costs Direct Materials and Direct Labour = $ 76,710.00 B. Direct materials price variance = $ 270 F C. Direct materials efficiency variance = $ (1,956.80) U D. Direct labour price variance = $ (590) U E. Direct labour efficiency variance = $ 5,752.80 F 11.29 A. Direct material price variance $3,000 F Direct material efficiency variance 2,000 U Direct labour price variance 780 U Direct labour efficiency variance 700 F 11.30 A. Standard wage rate = $12 per hour B. Standard DL hours = 2 hours per unit C. Actual direct labour hours = 14,300 D. Direct labour efficiency variance:= $1,200 Favourable 11.31 A. The variable overhead spending variance = $5,300 U B. The variable overhead efficiency variance = $1,200 U C. The fixed overhead spending (budget) variance = $1,000 U D. The fixed production volume variance = $1,500 U 11.32 Contribution Margin Sales Mix Variance $277.50 Unfavourable Contribution Margin Sales Quantity Variance $590 Favourable Contribution Margin Sales Volume Variance $312.50 Favourable 11.33 Sales quantity variance = $194,000 favourable Industry volume variance = $232,800 unfavourable 11.34 Sales volume variance = $ 69,000 F Industry volume variance = $505,000 F 11.35 A. Revenue budget variance = $6,800 U B. Sales price variance = $3,800 U C. Revenue sales quantity variance = $3,000 U D. The contribution margin volume = $1,800 U
11.28 A. Total Standard costs Direct Materials and Direct Labour = $ 76,710.00 B. Direct materials price variance = $ 270 F C. Direct materials efficiency variance = $ (1,956.80) U D. Direct labour price variance = $ (590) U E. Direct labour efficiency variance = $ 5,752.80 F 11.29 A. Direct material price variance $3,000 F Direct material efficiency variance 2,000 U Direct labour price variance 780 U Direct labour efficiency variance 700 F 11.30 A. Standard wage rate = $12 per hour B. Standard DL hours = 2 hours per unit C. Actual direct labour hours = 14,300 D. Direct labour efficiency variance:= $1,200 Favourable 11.31 A. The variable overhead spending variance = $5,300 U B. The variable overhead efficiency variance = $1,200 U C. The fixed overhead spending (budget) variance = $1,000 U D. The fixed production volume variance = $1,500 U 11.32 Contribution Margin Sales Mix Variance $277.50 Unfavourable Contribution Margin Sales Quantity Variance $590 Favourable Contribution Margin Sales Volume Variance $312.50 Favourable 11.33 Sales quantity variance = $194,000 favourable Industry volume variance = $232,800 unfavourable 11.34 Sales volume variance = $ 69,000 F Industry volume variance = $505,000 F 11.35 A. Revenue budget variance = $6,800 U B. Sales price variance = $3,800 U C. Revenue sales quantity variance = $3,000 U D. The contribution margin volume = $1,800 U
checklist_ch_11_2ce.docx