The standard cost data of three products x, y and z manufactured by a company are given as follows, together with the budgeted sales and unit-selling prices for 2009–2010:

You are required to determine:

(a) the budgeted and the actual profi t for 2009 – 2010.

(b) the variance in profi t analysed into:
(i) Cost variance (ii) Sales-price variance (iii) Sales-volume variance

Transcribed Image Text:

X Y Z Budgeted sales (units) 25,000 20,000 15,000 Selling price per unit (Rs.) 40 40 84 80 Cost per unit (Rs.) 28 48 64