Graded Chapter 9 Homework Problems
3
Required:
Saved
2.5
points
Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for the month of June:
Note: Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero
variance).
Flexible
Actual Costs
485 units
Spending
Variance
Budget
Volume
Variance
Master Budget
200 units
485 units
eBook
Direct Material
$ 18,100
$ 16,600
Direct Labor
28,800
24,600
Variable Overhead
10,850
10,600
Hint
Fixed Overhead
14,100
12,300
Total Manufacturing Costs
$ 71,850
$ 64,100
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