Milton Limited has produced the following information: Total actual sales: 99000. Actual quantity sold: 9000 units. Budgeted
Question:
Milton Limited has produced the following information:
Total actual sales: £99000.
Actual quantity sold: 9000 units.
Budgeted selling price per unit: £10.
Standard cost per unit: £7.
Total budgeted units: 10000 units.
Required:
Calculate the selling price variance, the sales volume profit variance, and the sales variance in total.
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I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
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