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1、IntroductionThisreportshowsthevariancesofdirectmaterialtotal,usage,price,directlabortotal,rate,efficiency,andtotaloverheadbyatableandofflexedbudget.Andalsogivetherecommendationandconclusion.FlexbudgetTricolPlcFlexedBudgetForJune2008OriginalBudget2,000unitsFlexedBudget1,600un
2、itsActualResults1,600unitsVarianceF/A￡￡￡￡Directmaterials80,00064,00061,6002,400FDirectLabor36,00028,80035,2006,400AVariableoverheads4,0003,2003,2000Insurance2,2002,2002,400200ADepreciation1,5001,5001,5000RentandRates2,5002,5002,5000Administration2,0002,0002,200200ATotal128,2
3、00104,200108,6004,400AVariancesanalysisThedirectmaterialusagevarianceis8000(F),itshowsthattheflexedbudgetis￡8,000morethantheactualcost,asaresultoftheusingofhigher-gradematerialsandchangingofthewayofproduction.Thedirectmaterialpricevarianceis5600(A),whichmeansthattheactualpri
4、ceis￡5600morethantheflexedbudgetprice,becauseoftheTricolPLChadchangedtheirsupplierandpurchasethehigher-gradematerialleadtothepriceraisedfrom￡10per/kgto￡11per/kg.Thedirectmaterialtotal=directmaterialusage–directmaterialprice.Ascalculatedabove,8000-5600=2400,thedirectmaterialt
5、otalvarianceis￡2400.Thedirectlaborratevarianceis3520(A),whichmeansthattheactuallaborrateis￡3520morethantheflexedbudget,causedbythecompanysuppliedahigher-than-expectedwage,thelaborcostraisedfrom￡9perhourto￡10perhour,andmaybecauseSomeemployeesstillapprentices,withpoorefficienc
6、y.Thedirectlaborefficiencyvarianceis2880(A),astosay,theactuallaborefficiencyis￡2880morethanflexedbudgetefficiency.Itmaybebecausethemachineontheproductionlineequipmentgettingoldanditinfluencetheefficiencyofemployeesatthetimeofproduction,ormaybethecultureofthecompanyisnotsowel
7、latcurrenttime,whichresultinreducedefficiency.Thedirectlabortotalvarianceis6400(A)causedbythelaborratevarianceandefficiencyvariance.Itshowsthattheactualtotallaboris￡6400morethantheflexedbudgettotallabor.Thetotaloverheadvarianceis400(A)thatmeanstheactualtotaloverheadis￡400mor
8、ethanflexedbudget,whichcausedbythechangingofadministrationoverheadandinsura
