Total Flexible Budget Product Cost Variance (a) Total Direct Materials Variance Total Direct Total Manufacturing Overhead Variance Labor Variance (b) () (d) irect Materials Direct Materials Cost Variance Efficiency Variance Cost Variance Efficiency Variance Total Fixed Overhead Variance Direct Labor Direct Labor Total Variable Overhead Variance $310 F $165 U $160 U $415 F (e) Variable Overhead Cost Variance Variable Fixed Overhead Efficiency Variance Cost Variance Overhead $525 U $575 F $50 F
Total Flexible Budget Product Cost Variance (a) Total Direct Materials Variance Total Direct Total Manufacturing Overhead Variance Labor Variance (b) () (d) irect Materials Direct Materials Cost Variance Efficiency Variance Cost Variance Efficiency Variance Total Fixed Overhead Variance Direct Labor Direct Labor Total Variable Overhead Variance $310 F $165 U $160 U $415 F (e) Variable Overhead Cost Variance Variable Fixed Overhead Efficiency Variance Cost Variance Overhead $525 U $575 F $50 F
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Understanding variance relationships
Complete the table below for the missing variances.
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