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Chapter 15

8.2 Marginal costing operating statements
$ $ $

Budgeted profit

Add: Budgeted fixed overheads
Budgeted contribution

Sales variances: Favourable Adverse
Sales price variance

Sales contribution volume variance
Actual sales minus the standard
marginal cost of sales
Cost variances

Material price

Material usage
Labour rate

Idle time
Labour efficiency

Variable overhead expenditure
Variable overhead efficiency

Total of variable cost variances
Actual contribution

Budgeted fixed overhead
Fixed overhead expenditure

Actual fixed cost

Actual profit

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