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    Material Qty Per Unit SQ/ Hours Per Unit SH (Total Material/No of Units)

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    Ali Saeed
    This document contains standard and actual data for direct materials, direct labor, and variable manufacturing overhead for a company. It includes information on material quantities, number of units, hours, rates, and variances calculated between standard and actual amounts. Standard and actual totals are provided for material costs, labor hours and rates, overhead rates, and variances are calculated for price, quantity, rate, and efficiency for each category.

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    Download as XLSX, PDF, TXT or read online from Scribd

    Material Qty Per Unit SQ/ Hours Per Unit SH (Total Material/No of Units)

    Uploaded by

    Ali Saeed
    23 views5 pages
    This document contains standard and actual data for direct materials, direct labor, and variable manufacturing overhead for a company. It includes information on material quantities, number of units, hours, rates, and variances calculated between standard and actual amounts. Standard and actual totals are provided for material costs, labor hours and rates, overhead rates, and variances are calculated for price, quantity, rate, and efficiency for each category.

    Original Description:

    Calculator for Cost management Standard Costing

    Original Title

    SCV

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    This document contains standard and actual data for direct materials, direct labor, and variable manufacturing overhead for a company. It includes information on material quantities, number of units, hours, rates, and variances calculated between standard and actual amounts. Standard and actual totals are provided for material costs, labor hours and rates, overhead rates, and variances are calculated for price, quantity, rate, and efficiency for each category.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    23 views5 pages

    Material Qty Per Unit SQ/ Hours Per Unit SH (Total Material/No of Units)

    Uploaded by

    Ali Saeed
    This document contains standard and actual data for direct materials, direct labor, and variable manufacturing overhead for a company. It includes information on material quantities, number of units, hours, rates, and variances calculated between standard and actual amounts. Standard and actual totals are provided for material costs, labor hours and rates, overhead rates, and variances are calculated for price, quantity, rate, and efficiency for each category.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 5

    Material Qty per unit SQ/

    No of Units/ Total Material/


    Standard Data Hours per unit SH
    No of Hours Total Hours
    (Total Material/No of Units)

    DM 1900 5.6
    DL 2850 1.5
    VOH 2850 1.5

    Std Qty allowed for actual production (No of actual units Produced x Std Qty per Unit) SQ
    Std hours allowed for actual production (No of actual units produced x Std hour per Unit) SH
    Std Overhead Cost for actual production (Std Hours x Std OH per unit)

    Material Qty per unit AQ/


    No of Units/ Total Material/
    Actual Data Hours per unit AH
    No of Hours Total Hours
    (Total Material/No of Units)

    DM 2000 12000 6.00


    DL 2800 2800 1.40
    VOH 2800 2800 1.40

    Actual Quantity allowed for actual production (No. of Units Produced x Act Qty Per Unit) AQ

    Actual Quanitity Purchased 12000


    Price per Qty SP/
    Rate per Hour SR/
    Cost
    Over head Rate SRO
    (Total cost/total quantity)

    4 22.4
    6 9
    2.4 3.6
    Total 35

    11200
    3000
    7200

    Price Per Qty Unit AP/


    Rate per hour AR/
    Cost
    Over head Rate ARO
    (Total cost/total quantity)

    3.80 22.8
    6.50 9.1
    2.50 3.5
    Total 35.4

    12000
    SP Std Price per unit for actual production
    SQ Standard quanity allowed for actual production
    SR Standard Rate per unit hour
    SH Standard hours allowed for actual production
    SRO Standard Rate of overhead

    AP Actual Price per unit for actual production


    AQ Actual quantity used for actual production
    AR Actual rate per hour
    AH Actual total hours for actual production
    ARO Actual rate per hour
    AQP Actual Quantity Purchased
    4 Direct Material Variance
    11200 DM Price Variance (SP-AP)xAQP
    6 DM Quantity Variance (SQ-AQ)xSP
    3000 Total DM Variance Total
    2.4 Direct Labour variance
    DL Rate Variance (SR-AR)xAH
    DL Efficiency Variance (SH-AH)xSR
    3.8 Total DL Variance Total
    12000 Variable Maunfacturing Overhead Variance
    6.5 VMO Spending/ Rate Variance (SRO-ARO)xAH
    2800 VMO Efficiency Varinace (SH-AH)xSRO
    2.5 Total VMO Variance Total
    12000
    2400
    -3200
    -799.999999999998

    -1400
    1200
    -200

    -280
    480
    200

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