The following data was collected for Metal Chain Ltd for the year ended 31 October 2014. C

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The following data was collected for Metal Chain Ltd for the year ended 31 October 2014. C Budget Budget Actual Actual Budget Budget gross gross Actual Actual gross gross selling sales profit profit selling sales profit profit Product price units perunit total price unit per unit total £ % £ £ £ % £ £ A 6 1,000 25 2.00 2,000 8.20 1,224 34 1.90 2,325.60 B 9 2,000 50 2.50 3,000 11.60 2,160 60. 2.30 4,830.00 G 8 1,000 25 2.20 2,200,10.90 216 Oa 2.20 475.20 4,000 100 7,200 3,600 100 7,630.80 Oen SS Calculate the price, volume and mix variances for the year.

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Frank Woods Business Accounting Volume 2

ISBN: 9780273767923

12th Edition

Authors: Frank Wood, Ph.D. Sangster, Alan

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