Variances&Sources

November 13th, 2007 /

Variances	Source
Sales PRICE	Actual selling price
Sales VOLUME	Actual units sold
Direct materials PRICE	Actual cost of materials
Direct materials USAGE	Actual usage of materials
Direct materials MIX	Material Mix
Direct materials YIELD	Actual output
Direct labor RATE	Actual labor rate
Direct labor EFFICIENCY	Actual productivity
Variable production overhead EFFICIENCY	Actual consumption per unit of output
Variable production overhead EXPENDITURE	Actual variable production overhead
Fixed production overhead EXPENDTIURE	Actual fixed production overhead