PART B REQUIREMENTS: For the given data below calculate all the variances for Level 1,2, and 3 analysis. Explain the performance of the company. 2015 ACTUAL SALES Product Units Price Thingone 58,000 $167 Thingtwo 46,000 $218 Direct Materials B Actual Unit Unit Price Changes kg kg unit increase 3% decrease No change Begining Inventory 20,000 8,000 2015 INVENTORIES IN UNITS Begining Inventory 32,000 2015 INVENTORIES IN UNITS Ending Inventory 27,000 3,000 29,000 6,000 Ending Inventory 30,000 25,000 5,000 All other costs increase 8% comparing to the previous year's prices. But the workers are not happy with this new pricing policy and they slowed the work 4%.
PART B REQUIREMENTS: For the given data below calculate all the variances for Level 1,2, and 3 analysis. Explain the performance of the company. 2015 ACTUAL SALES Product Units Price Thingone 58,000 $167 Thingtwo 46,000 $218 Direct Materials B Actual Unit Unit Price Changes kg kg unit increase 3% decrease No change Begining Inventory 20,000 8,000 2015 INVENTORIES IN UNITS Begining Inventory 32,000 2015 INVENTORIES IN UNITS Ending Inventory 27,000 3,000 29,000 6,000 Ending Inventory 30,000 25,000 5,000 All other costs increase 8% comparing to the previous year's prices. But the workers are not happy with this new pricing policy and they slowed the work 4%.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:PART B REQUIREMENTS: For the given data below calculate all the variances for Level
1,2, and 3 analysis. Explain the performance of the company.
2015 ACTUAL SALES
2015 INVENTORIES IN UNIS
Product
Units
Ending Inventory
Begining Inventory
20,000
Price
58,000
Thingone
Thingtwo
$167
27,000
46,000
$218
8,000
3,000
Actual
2015 INVENTORIES IN
UNITS
Direct
Unit
Unit
Begining
Ending
Materials
Price
Inventory
Inventory
Changes
A
kg
4%
32,000
30,000
increase
kg
3%
29,000
25,000
decrease
unit
No
6,000
5,000
change
All other costs increase 8% comparing to the previous year's prices. But the workers are not
happy with this new pricing policy and they slowed the work 4%.
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