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RA Phoebe King, the CEO, is disappointed with the results for June, especially in comparison...

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Accounting

RA Phoebe King, the CEO, is disappointed with the results for June, especially in comparison to her expectations based on the standard cost data. Performance Report, June Actual F3 Output units Revenues Direct materials Direct manufacturing labour Cost Item Direct materials: Specialty polymer Connector pins Wi-Fi transreceiver $ Direct manufacturing labour: Setup Fabrication 462,000 3,626,700 1,200,000 628,400 $ Budget King observes that despite the significant increase in the output of Mini SDs in June, the product's contribution to the company's profitability has been lower than expected. She gathers the following information to help analyze the situation: Input Usage Report, June Quantity 3,360,000 987,000 588,000 420,000 8,300,000 mm 5,000,000 units 470,000 units 455,000 min. 864,000 min. Variance $ $ 42,000 F $ 266,700 F 213,000 U 40,400 U Actual Costs $ $ 415,000 550,000 235,000 182,000 446,400

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