Fill up details (ENCODE) ENCODING AREA

lbs/hrs/units Peso Standard Cost

Material cost
6.00 6.40
Labor cost
1.80 18.00
Variable OH cost
1.80 1.50
Budgeted Mo. VOHC
100.00 15,000.00
Fixed OH cost
1.80 8.00
Budgeted Mo. FOHC
200.00 28,000.00
TOTAL COST OF ONE LOT SIZE
Budgeted Capacity used in computing
288,000.00 OH rates
Actual Cost
280,000.00 Actual lot size (units)
1,684,700.00 Purchased units
1,684,000.00 Used units
6.60 Unit price
515,000.00 18.10 Labor hours incurred (units)
Total labor hours incurred
872,000.00 Variable OH Cost
100.00 515,000.00 Machine hours incurred (units)
4,140,200.00 Fixed OH Cost
200.00 515,000.00 Hours move/wait time incurred (units)
 DIRECT MATERIAL VARIANCES OUTPUT AREA - DON'T TOUCH THIS!
DON’T TOUCH THIS!
COLUMN(FORMULA) Actual Quantity @ Actual Price Actual Quantity @ Standard Price
38.40 (AQ X AP) (AQ X SP)
1,684,000.00 6.60 1,684,000.00
32.40 per ₱11,114,400.00 ₱10,777,600.00

2.70 ₱336,800.00
UNFAVORABLE
150.00 PRICE VARIANCE

14.40 ₱332,320.00
UNFAVORABLE
140.00 SPENDING VARIANCE
87.90

288,000.00 DIRECT LABOR VARIANCES

280,000.00 Actual Hours @ Actual Labor Rate Actual Hours @ Standard Labor Rate
1,684,700.00 (AH X AR) (AH X SR)
1,684,000.00 515,000.00 18.10 515,000.00
6.60 ₱9,321,500.00 ₱9,270,000.00
515,000.00
₱51,500.00
872,000.00 UNFAVORABLE
5,150.00 LABOR RATE VARIANCE
4,140,200.00
2,575.00 ₱9,700.00
FAVORABLE
SPENDING VARIANCE

VARIABLE OVERHEAD VARIANCES

Actual Hours @ Actual OH Rate Actual Hours @ Standard OH Rate

(AH X AR) (AH X SR)
₱515,000.00
₱872,000.00 ₱772,500.00

₱99,500.00
UNFAVORABLE
VOH RATE VARIANCE

₱368,000.00
 UNFAVORABLE
TOTAL VARIANCE

FIXED OVERHEAD VARIANCES

Actual Hours @ Actual OH Rate Actual Hours @ Standard OH Rate

(AH X AR) (AH X SR)
515,000.00
₱4,140,200.00 ₱4,120,000.00

₱20,200.00
UNFAVORABLE
FOH SPENDING VARIANCE

₱7,000.00
FAVORABLE
TOTAL VARIANCE
 OUTPUT AREA - DON'T TOUCH THIS! FORMULA PROTECTED

l Quantity @ Standard Price Standard Quantity @ Standard Price

(AQ X SP) (SQ X SP)
6.40 1,684,700.00 6.40
₱10,777,600.00 ₱10,782,080.00

₱4,480.00
FAVORABLE
QUANTITY VARIANCE

₱332,320.00
UNFAVORABLE
PENDING VARIANCE

Hours @ Standard Labor Rate Standard Hours @ Standard Labor Rate

(AH X SR) (SH X SR)
18.00 518,400.00 18.00
₱9,270,000.00 ₱9,331,200.00

₱61,200.00
FAVORABLE
LABOR EFFICIENCY VARIANCE

₱9,700.00
FAVORABLE
PENDING VARIANCE

Hours @ Standard OH Rate Standard Hours @ Standard OH Rate

(AH X SR) (SH X SR)
1.50 504,000.00
₱772,500.00 ₱504,000.00

₱268,500.00
UNFAVORABLE
VOH EFFICIENCY VARIANCE

₱368,000.00
 UNFAVORABLE
TOTAL VARIANCE

Hours @ Standard OH Rate Standard Hours @ Standard OH Rate

(AH X SR) (SH X SR)
8.00 4,147,200.00
₱4,120,000.00 ₱4,147,200.00

₱27,200.00
FAVORABLE
FOH VOLUME VARIANCE

₱7,000.00
FAVORABLE
TOTAL VARIANCE