Jackie's Jewelry Company reported the following budgeted and actual results based on sales of 100 units of product: $\begin{array}{llll}&\text { Flexible Budget }&\text { "As if" Budget }&\text { Actual Results }\
\text { Direct Labor } & \$ 800 & \$ 700 & \$ 850 \
\text { Direct Materials } & \$ 400 & \$ 450 & \$ 450 \
\text { Overhead } & \$ 600 & \$ 600 & \$ 610
\end{array}$ The company's total input quantity variance is:

Question

Quizplus · Accepted Answer

The total input quantity variance is the sum of the direct labor quantity variance, the direct materials quantity variance, and the overhead quantity variance. The direct labor quantity variance is $50 unfavorable ($850 actual - $800 flexible budget). The direct materials quantity variance is $0 ($450 actual - $450 flexible budget). The overhead quantity variance is $10 unfavorable ($610 actual - $600 flexible budget). Therefore, the total input quantity variance is $50 unfavorable ($50 + $0 + $10).

Jackie's Jewelry Company Reported the Following Budgeted and Actual Results