From the following compute (a) Sales price variance and (b) Sales volume variance Budgeted sales 10,000 units Rs 3 Rs 30,000 Actual sales 5,000 units Rs 3 Rs 15,000 8,000 units Rs 2 50 Rs 20,000 ...

The Answer is in the image, click to view ...

From the following compute: (a) Sales-price variance and (b) Sales-volume variance Budgeted sales: 10,000 units @Rs. 3

Question:

From the following compute:

(a) Sales-price variance and

(b) Sales-volume variance

image text in transcribed

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting

ISBN: 9788131732076

1st Edition

Authors: V. Rajasekaran, R. Lalitha

See More Books

Question Posted: Jun 16, 2024 04:08 AM

See More Questions

Menendez Company is a merchandiser that sells three products: Salsa, Tortillas, and Queso. The following are the actual and expected (standard) data for the three products: Required: 1. Compute the...
ACCT 221 Quiz 4 EVERY QUESTION IS WORTH 4 POINTS Please answer in the Answer Sheet provided at the end of the Question booklet. Submit the Answer Sheet only through Quiz 4 Assignment Do NOT submit...
Attached is Accounting assignment along side recommended readings to answer certain questions. Thank you Assignment 1 Problem 1 15 points Reading - W. L. Ferrara, Cost/Management Accounting: The 21st...
Select the best answer. 1. A local chapter of the Society for Protection of the Environment beneted from the voluntary services of two attorneys. One served as a member of the Society's board of...
Census data for New York City indie that 29.2% of the under-18 population is white, 28.2% black, 31.5% Latino, 9.1% Asian, and 2% other ethnicities. The New York Civil Liberties Union points out...
If Ms. Cooper has no records documenting her actions in cases similar to Gerrys, is it likely she will be able to help defend her organization against a discrimination charge?
Explain the major ways in which organizations are divided into departments. LO.1
RATIO ANALYSIS OF COMPARATIVE FINANCIAL STATEMENTS Refer to the financial statements in Problem 24-8B. REQUIRED Calculate the following ratios and amounts for 20-1 and 20-2 (round all calculations to...
In an investment problem, amount invested is in units of $1000, and total $6000 is available for investment. There are three possible investments with return amounts indicated. Investment $1000s 0 1...
A companys summarized budget and actual working results for 20092010 are given as follows: Calculate the analysis of the variance in profi t into the following: (a) Price variance (b) Sales...
The budgeted and actual sales for a period in respect of two products are as follows: Calculate the sales variances. Budget Actual Particulars Quantity Price Rs. Value (Rs.) Quantity Price (Rs.)...
List the areas where government policy can help economic growth.
Identify a public conflict (such as a recent Congressional debate or even a celebrity breakup) that has come to the forefront in the media (or public's attention) in the last thirty days. You have...
Performance Management Issues You have been asked to return to your alma mater and speak to current students about performance management issues. To make the most of this experience for yourself and...
Analysis of competitor organization of our selected organization Walmart and its competitor Safeway. 1. Complete analysis of competitor organization; addresses all relevant factors and typically uses...
Defining Program Objectives of Youth centers Clearly define the objectives of your program or center. What specific outcomes do you hope to achieve? Examples may include promoting physical fitness,...
Identify a local or regional organization and analyze how they demonstrate servant leadership in their operations. You will want to review their website, social media, news, and other resources to...
What competitive factors must the small firm consider when establishing prices?
For the vector whose polar components are (Vr = 1, VÎ¸ = 0), compute in polars all components of the second covariant derivative VÎ±;Î¼;Î½. To find...
1. Why might managers of small restaurants decide not to adopt the standard work hour approach to controlling labour cost? (minimum 150 words )
Which statement is true regarding the U.S. GAAP impairment test for limited life intangibles? A. U.S. GAAP impairment is likely to be greater than IFRS impairment. B. The impairment test for limited...
Which of the following is a limitation of both return on investment and residual income? A. Favors large units. B. There is disincentive for high return on investment units to invest. C. Can lead to...

From the following compute: (a) Sales-price variance and (b) Sales-volume variance Budgeted sales: 10,000 units @Rs. 3

Question:

Budgeted sales: 10,000 units @Rs. 3 - Rs. 30,000. Actual sales: 5,000 units @Rs. 3- Rs. 15,000. 8,000 units @Rs. 2.50 - Rs. 20,000.

Step by Step Answer:

Cost Accounting

Students also viewed these Business questions