Milton Limited has produced the following information: Total actual sales: 99,000. Actual quantity sold: 9000 units. Budgeted

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Milton Limited has produced the following information:
Total actual sales: £99,000.
Actual quantity sold: 9000 units.
Budgeted selling price per unit: £10.
Standard cost per unit: £7.
Total budgeted units: 10,000 units.

Required:
Calculate:
(a) The selling price variance
(b) The sales volume profit variance
(c) The sales variance in total.

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Accounting For Non Accounting Students

ISBN: 9781292286938

10th Edition

Authors: John Dyson, Ellie Franklin

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Question Posted: Dec 19, 2022 02:58 AM

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Milton Limited has produced the following information: Total actual sales: 99,000. Actual quantity sold: 9000 units. Budgeted

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