HND 财政预算OUTCOME 34报告 你不过我从此消失!.pptxVIP

A financial analysis report for Tricol plc Outcome 3and4;Introduction;￡ 10*[ (4kgⅹ1,600) －5,600kg]= ￡8,000 (F) Rate of significance (12.5%) Direct material price variance Actual quantity * (standard price － actual price) 5,600kg*[￡ 10 －(￡61,600/ 5,600kg) ]= ￡ (5,600) (A) Rate of significance: (8.75%) Direct labour total variance (Standard hours of actual production*standard rate ph) - (actual hours*actual rate ph) [ (2hrs*1,600) *￡9]－￡35,200=￡(6,400) (A) Rate of significance: (22.22%) Direct labour efficiency variance Standard rate ph* (standard hours of actual production － actual hours) ￡9*(2hrs*1,600－3,520hrs)=(2,880) (A) Rate of significance: (10%) Direct labour rate variance Actual hours*(standard rate ph – actual rate ph) 3,520hrs*(￡9*－￡35,200/3,520hrs)= ￡(3,520) (A) Rate of significance: (12.22%) Total overhead variance Total standard overhead for actual production － total actual overheads (￡18,000/12+￡2,500+￡2,200+￡2,000)- (￡1,500+￡2,500+￡2,200+￡2,400)= ￡(400) (A) Rate of significance: (3.5%) (ⅲ) Report about variances;Direct material variance The direct material total variance can be analyzed in two aspects which are direct material volume and direct material price. For volume side, as calculated above, the budget volume is 6400kg; the actual volume is 5600kg. So there is 800kg variance which is favorable and each unit variance is 0.5kg. The likely reason causing the variance comes from three aspects. First of all, the company upgraded the production machinery recently, and new machine may use materials efficiently, so it reduced the waste of materials. Secondly, the company switched suppliers and using higher-grade materials can decrease waste of materials too. Finally, the company has concluded a higher-than-expected wage settlement for production operatives, which will maintain employees with higher skills as well as decrease turnover of employees, and it also can increase efficiency in using materials. For price aspect, the budget price is ￡