The sales manager of a company that produces and sells three products A, B and C, provides
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The sales manager of a company that produces and sells three products A, B and C, provides you the following information for the month of August.
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Product Units Sold ABC 1,000 B 1,000 C 1,000 Budgeted sales Selling Price Per Unit Rs. 15 10 8 Actual sales Standard Margin (Profit Per Unit Rs.) 8 5 2 ABC 800 units for Rs. 9,600. 1,200 units for Rs. 10,800. 1,500 units for Rs. 13,500. You are required to calculate the following sales variances on the basis of profit: 1. Sales-price variance 2. Sales-volume variance 3. Sales-mix variance 4. Sales-quantity variance
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