A company has the following information for one of its products: Standard per item (£) Actual per item (£) Selling price 20 22 Material 6 8 Labour 3 4 Variable overhead 2 4 It budgeted to sell 1,000 units but actually sold 100 less than this. What is the sales volume variance? A £900 F B £2,000 F C £2,000 A D £900 A
A company has the following information for one of its products: Standard per item (£) Actual per item (£) Selling price 20 22 Material 6 8 Labour 3 4 Variable overhead 2 4 It budgeted to sell 1,000 units but actually sold 100 less than this. What is the sales volume variance? A £900 F B £2,000 F C £2,000 A D £900 A
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter18: Pricing And Profitability Analysis
Section: Chapter Questions
Problem 25E: Jasmine Companys expected sales were 2,000 units at 100 per unit. During 20x1, it had actual sales...
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Question
A company has the following information for one of its products:
|
Standard per item (£) |
Actual per item (£) |
Selling price |
20 |
22 |
Material |
6 |
8 |
Labour |
3 |
4 |
Variable overhead |
2 |
4 |
It budgeted to sell 1,000 units but actually sold 100 less than this.
What is the sales volume variance?
A £900 F
B £2,000 F
C £2,000 A
D £900 A
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