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9 Cards in this Set
- Front
- Back
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Sales Budget
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Unit Sales X Sales Price Unit
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Production Budget
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Units Sold + Desired End Invty - Beg Invty = Units to be Produced
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Direct Materials Purchases
Budget |
Units to be Produced x DM per unit= Total Direct Materials req'd Production
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Direct Materials Inventory
(2nd half of DM Purch Budget) |
Total DM Req'd for Production + Desired End Invty - Beg Invty = DM to be Purchased
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Cost of Direct Materials
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DM to be Purchased x
Cost per DM Units |
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Cash Budget
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Beg Cash Bal + Cash Recpts = Cash Available - Cash Pmts. = Ending Cash Balance
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Direct Materials Qty Variance
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SP (Actual Qty - Std. Qty)
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Direct Materials Price Variance
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AQ ( Actual price - Std Price)
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Total Materials Variance
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MPV + MQV
(DMPrice variance) + (DM Qty Variance) |
