|
Variances by Transaction Flow
|
|
|
PO Receipts
Purchase Price Variance
[PO Unit Cost – (GL Unit Cost – OH)] * PO Qty Received
Subcontract Rate Variance
(Subcontract PO Unit Cost – Subcontract Unit Cost from Routing) * Qty Received
Receiver Matching
Accounts Payable Rate Variance
(Invoice Unit Cost – PO Unit Cost) * Invoice Quantity
Accounts Payable Usage Variance
(Invoice Qty – PO Receipt Qty) * PO Unit Cost
Work Order Component Issue
Material Rate Variance
(WO BOM Unit Cost at Issue – GL Unit Cost) * Actual Qty Issued
Labor Feedback
Labor Rate Variance
[(Actual Setup Rate – Std Setup Rate) * Actual Setup Hrs] + [(Actual Run Rate – Std Run Rate) * Actual Run Hrs]
Labor Usage Variance
[(Actual Setup Hrs – Std Setup Hrs) * Std Setup Rate] + [(Actual Run Hrs – *Std Run Hrs) * Std Run Rate]
*Std Run Hrs = Std Run Hrs * (Qty Completed + Qty Rejected)
Burden Rate Variance
[(Actual Setup Bdn – Std Setup Bdn) * Actual Setup Hrs] +
[(Actual Run Bdn – Std Run Bdn) * Actual Run Hrs] Burden Usage Variance
[(Act Setup Hrs – Std Setup Hrs) * Setup Bdn] + [(Act Run Hrs – Std Run Hrs) * Run Bdn]
Work Order Accounting Close
Subcontract Usage Variance
[Qty Received – (Op Qty Completed + Op Qty Rejected)] * Subcontract Unit Cost from Routing
Material Usage Variance
{Actual Qty Issued – [qty per * (qty completed + qty rejected)]} * GL Unit Cost
Method Variance
|