comprehensive example (Homework)
EX: From the data below, extract the variances of the elements costs ,when you know that the FOH allocation based on DLH ?
Details | Standard data per unit | Actual Data
--- | --- | ---
DM (A) | 3kg , price 100$/kg | 1500kg , price 90$/kg
DM (B) | 7kg , price 20$/kg | 2600 kg , price 25$/kg
DL cost | 2 H / unit , 500$/h | $ 495000
DLH | ? | 900 hours
Variable FOH cost | ? | 200000$
Fixed FOH cost | 100000$ | 120000$
Units | 500 | 400