|
Job costs |
$800,000.00 |
|
Overhead |
$120,000.00 |
|
Profit |
$46,000.00 |
|
Volume |
$966,000.00 |
• Actual costs beat estimated costs by 10%.
• Volume has increased by 20%.
|
|
Estimated |
Actual |
|
Job Costs |
$960,00.00 |
$864,000.00 |
|
Overhead |
144,000.00 |
120,000.00 |
|
Profit |
55,200.00 |
175,200.00 |
|
Volume |
$1,159,200.00 |
$1,159,200.00 |
• Profit has increased by $129,000.00.
• Profit went from 5% to 15% of volume.