Management accounting calc

total material variences / total labour variance/ variable overhead variances

SC - AC

Variable overhead expenditure variance

BFVO - AVO

Budget flexed overheads for the actual direct labour hrs - Actual variable overheads

Material price variance

(SP - AP)X AQ

Material usage variance

(SQ - AQ ) X SP

total sales margin price vaiance

(ASP - SSP ) X AV

actual selling price - standard selling price x actual sales volume

Wage rate variances -

(SR-AR )X AH

Labour efficiency variance / variable overhead efficiency variance / volume effiency variance

(SH - AH) X SR

fixed overhead expenditure variance

BFO - AFO

budget fixed overheads - actual fixed overheads

Total sales margin variances

(ASR - SCOS)-BC

Sales margin volume variances

(AV - BV ) X SM

Sales margin mix variance

(ASQ - ASB (BUDGET) )X SM

sales qty/yield variance

(ASQ(BUDGET) - BQ ) X SM

Purchasing planning variance

(original target price - gen market price) x qty purchased

Purchasing operational variance / efficiency

(general market price - actual price paid ) x qty purchased

Throughput contribution

sales revenue - direct material costs

Profit

Throughput contribution - operating expenses

return per factory Hour

sales - direct material costs / usage of bottleneck resources in hours

Throughput accounting ratio

return per factory hour (bottleneck) / conversion cost per factory bottleneck hour

Volume variance

(SH - BH ) X SR

Volume capacity variance

AH - BH X SR