What is the sale price variance under 3-way analysis? * Bulldogs Inc. presents the following amounts per unit: 2021 2020 Sales P190 P180 Cost of Goods Sold 150 150 Gross Profit P40 P30 Units sold in 2020 are at 80 while 90 in 2021.
Q: Pierce Corporation has the following gross profits for 2018 and 2019: Sales = 2019 - P810,000; 2018…
A: Sales volume variance is determined by finding out the difference between the actual number of units…
Q: The sales price variance is * O Sample format: 111,111 F or 111,111 U Data for National Co. is as…
A: Sales Price Variance can be calculated as = Actual Quantity sold x Standard Selling price - Actual…
Q: Pierce Corporation has the following gross profits for 2018 and 2019: Sales = 2019 - P810,000; 2018…
A: Variance:- When there is a difference in the budgeted amount and what actually produces or occur is…
Q: Pierce Corporation has the following gross profits for 2018 and 2019: Sales = 2019 - P810,000; 2018…
A:
Q: The cost price variance is * Sample format: 111,111 F or 111,111 U Data for National Co. is as…
A: A favorable cost price variance is when an actual price is lower than the standard which means that…
Q: 2021 2020 Sales P190 P180 Cost of Goods Sold 150 150 Gross Profit P40 P30
A: Variance analysis refers to the comparison made between two accounting or financial variables and…
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A: Sales quantity variance = (actual sales quantity- budgeted sales quantity) x budgeted contribution
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A: Budget is the estimation of revenues and expenses related to specific period of time in future.
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Q: 2,400.00 29,400.0
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A: sales volume variance: It is the variance which defines as the…
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A: Sales price variance = ( Actual price - standard Price ) x Units Sold Sales Price - Cost = Gross…
Q: This year's total sales of Bulldogs Inc. is P4,600,000. The following variances are determined:…
A: Change in sales = Sales price variance + Sales volume variance = 750,000 + (-150,000) = 600,000
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A: Sales Price variance = (Sales price in current year - sales price in previous year) * Quantity sold…
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A: The variance is calculated by taking the difference between two costs or volumes.
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A: Sales volume variance: Sales volume variance is the measure of change in profit due to the…
Q: How much is the price variance? How much is the volume variance?
A: Formula for: Price variance - (current year unit cost - previous year unit cost) * current year…
Q: Pierce Corporation has the following gross profits for 2018 and 2019: Sales = 2019 - P810,000; 2018…
A: Since we are not given enough data, we have to make an assumption to proceed further. Let us assume…
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Q: This year’s total sales of Bulldogs Inc. is P4,600,000. The following variances are determined: ·…
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A: total direct labor variance = Direct labor price variance + direct labor efficiency variance =…
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A: Hi student Since there are multiple questions, we will answer only first question. Cost volume…
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A: Selling Price per unit for the Last year = P30 Gross Profit per unit = P10 Cost per unit = P30-P10 =…
Q: Bulldogs Inc. presents the following amounts: 2021 2020 Variances P247,500 P200,00 P47,500 Favorable…
A: Let Expected Units for 2020 = 100 units Therefore for 2021 = 100+20% =120 units Formula For Cost…
Q: What is the cost volume variance under 4-way analysis? * , Bulldogs Inc. presents the following…
A: Cost volume variance is the difference between the budgeted cost of goods and actual cost of goods…
Q: REQUIRED Use the information provided below to answer each of the following questions independently:…
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Q: 5. Compute the quantity variance based on the data on the image. * 2018 2019 Sale Price Cost per…
A: Quantity variance refers to the favourable or either unfavourable difference between the actual…
Q: Use this problem to answer the following requirements: Mabuhay Corporation generated these gross…
A: Sales volume variance is the difference between the budgeted sales and the actual sales of a…
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- Use this problem to answer the following requirements: Mabuhay Corporation generated these gross profits during the past recent ears when the sales price was 10% lower during 2020 compared to 2019. 2020 Sales P1,944,000; 2020 Cost of Sales P1,152,000; 2019 Sales P1,900,800; 2019 Cost of Sales P1,113,600. The sales volume variance must be?Mabuhay Corporation generated these gross profits during the past recent years when the sales price was 10% lower during 2020 compared to 2019. 2020 Sales P1,944,000; 2020 Cost of Sales P1,152,000; 2019 Sales P1,900,800; 2019 Cost of Sales P1,113,600. The sales volume variance must be * P259,200 UF P259,200 F P216,000 F P151,200U FBaryans Corporation provided the following partial income statements and detailed information for the past two years: 2021 2020 Changes Sales P360,000 P192,000 P168,000 Cost of sales 158,400 96,000 62,400 Gross income 201,600 96,000 105,600 Unit selling price P150 P120 Unit cost P66 P60 Quantity sold 2,400 1,600 How much is the sales price variance? Refer to the case of Baryans Corporation. How much is the sales volume variance? Refer to the case of Baryans Corporation. How much is the cost price variance?
- Factor Corporation provided the following partial income statements and detailed information for the past two years: 2021 2020 Changes Sales P900,000 P480,000 P420,000 Cost of sales 396,000 240,000 156,000 Gross income 504,000 240,000 264,000 Unit selling price P375 P300 Unit cost P165 P150 Quantity sold 2,400 1,600 How much is the price variance? How much is the volume variance?Baryans Corporation provided the following partial income statements and detailed information for the past two years: 2021 2020 Changes Sales P360,000 P192,000 P168,000 Cost of sales 158,400 96,000 62,400 Gross income 201,600 96,000 105,600 Unit selling price P150 P120 Unit cost P66 P60 Quantity sold 2,400 1,600 How much is the cost volume variance? A. None of the other choices B. P48,000 unfavorable C. P96,000 favorable D. P96,000 unfavorable E. P48,000 favorableFactor Corporation provided the following partial income statements and detailed information for the past two years: 2021 2020 Changes Sales P900,000 P480,000 P420,000 Cost of sales 396,000 240,000 156,000 Gross income 504,000 240,000 264,000 Unit selling price P375 P300 Unit cost P165 P150 Quantity sold 2,400 1,600 How much is the price variance? OP180,000 favorable P144.000 unfavorable P180,000 unfavorable P144,000 favorable None of the other choices Refer to the case of Factor Corporation. How much is the volume variance? 240,000 unfav. 240,000 unfav. 120,000 fav. None 84,000 fav.
- Pierce Corporation has the following gross profits for 2018 and 2019: Sales = 2019 - P810,000; 2018 - P792,000. Cost of sales = 2019 - 480,000; 2018 - 464,000. Gross profit = 2019 - P330,000; 2018 - P328,000. Sales price was 10% lower during 2019. The sales volume variance must be:Baryans Corporation provided the following partial income statements and detailed information for the past two years: 2021 2020 Changes Sales P360,000 P192,000 P168,000 Cost of sales 158,400 96000 62,400 Gross income 201,600 96,000 105,600 Unit selling price 150 120 Unit cost 66 60 Quantity sold 2,400 1,600 How much is the sales price variance? P72,000 unfavorable P57,600 unfavorable None of the other choices P72,000 favorable P57,600 favorable Refer to the case of Baryans Corporation. How much is the cost price variance? None of the other choices P14,400 unfavorable P57,600 unfavorable P14,400 favorable P57,600 favorable Refer to the case of Baryans Corporation. How much is the cost volume variance? P48,000 favorable None of the other choices…May I ask for an explanation and solution to the question for a better understanding. Thank you! Pierce Corporation has the following gross profits for 2018 and 2019: Sales = 2019 - P810,000; 2018 - P792,000. Cost of sales = 2019 - 480,000; 2018 - 464,000. Gross profit = 2019 - P330,000; 2018 - P328,000. Sales price was 10% lower during 2019. The sales volume variance must be: a. P63,000 U b. P90,000 F c. P108,000 F d. P108,000 U
- A company provided the following partial income statements and detailed information for the past two years YEAR 2021 2020 Changes Sales P900,000 P480,000 P420,000 Cost of Sales 396,000 240,000 156,000 Gross Income 504,000 240,000 264,000 Unit Selling Price P375 P300 Unit cost 165 150 Quantity sold 2,400 1,600 How much is the price variance? a. 180,000 Favorable b. 180,000 Unfavorable c. 144,000 FavorableA company provided the following partial income statements and detailed information for the past two years YEAR 2021 2020 Changes Sales P900,000 P480,000 P420,000 Cost of Sales 396,000 240,000 156,000 Gross Income 504,000 240,000 264,000 Unit Selling Price P375 P300 Unit cost 165 150 Quantity sold 2,400 1,600 How much is the price variance? a. 180,000 Favorable b. 180,000 UnfavorableMabuhay Corporationgenerated these gross profits during the past recent years when the sales price was 10% lower during 2020 compared to 2019. 2020 Sales P1,944,000; 2020 Cost of Sales P1,152,000; 2019 Sales P1,900,800; 2019 Cost of Sales P1,113,600. The decrease in gross profit due to a decrease in selling price must be: The sales volume variance must be: The change in gross profit due to change in quantity sold must be: The change in gross profit due to change in cost price must be: The increase (decrease) in quantity sold must be: