Felicidade PLC manufactures a detergent in one of its factories. The information for the year to 30
Question:
Felicidade PLC manufactures a detergent in one of its factories. The information for the year to 30 June 20X5 was as follows:
The standard cost of manufacturing a litre was £3.10.
Calculate the price and volume variances for the year.
Transcribed Image Text:
Sales in litres Sales in £ Budget 80,000 480,000 Actual 75,000 480,000
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To calculate the price and volume variances for the year you can use the following formulas Price Va...View the full answer
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Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9780273693109
10th Edition
Authors: Frank Wood, Alan Sangster
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