11ManagerialAccountingStudent_财务管理_经管.pptxVIP

Standard Costs and Variances;Standard Costs;Standard Costs;Variance Analysis Cycle;Setting Standard Costs;Setting Direct Materials Standards ;Setting Direct Labor Standards ;Setting Variable Manufacturing Overhead Standards ;The Standard Cost Card;Using Standards in Flexible Budgets;A General Model for Variance Analysis;Quantity and Price Standards;;A General Model for Variance Analysis;A General Model for Variance Analysis;;;;Learning Objective 11-1; Glacier Peak Outfitters has the following direct materials standard for the fiberfill in its mountain parka. 0.1 kg. of fiberfill per parka at $5.00 per kg. Last month 210 kgs. of fiberfill were purchased and used to make 2,000 parkas. The materials cost a total of $1,029.; 200 kgs. 210 kgs. 210 kgs. × × × $5.00 per kg. $5.00 per kg. $4.90 per kg. = $1,000 = $1,050 = $1,029 ;Materials Variances Summary;Materials Variances Summary;Materials Variances:Using the Factored Equations;Materials Price Variance;; Hanson Inc. has the following direct materials standard to manufacture one Zippy: 1.5 pounds per Zippy at $4.00 per pound Last week, 1,700 pounds of materials were purchased and used to make 1,000 Zippies. The materials cost a total of $6,630. ; How many pounds of materials should Hanson have used to make 1,000 Zippies? a. 1,700 pounds. b. 1,500 pounds. c. 1,200 pounds. d. 1,000 pounds.; Hanson’s materials quantity variance (MQV)for the week was: a. $170 unfavorable. b. $170 favorable. c. $800 unfavorable. d. $800 favorable.; Hanson’s materials price variance (MPV)for the week was: a. $170 unfavorable. b. $170 favorable. c. $800 unfavorable. d. $800 favorable.; 1,500 lbs. 1,700 lbs. 1,700 lbs. × ×