The Morningside Company Ltd had the following results for the year to 31 December 2013. A single
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The Morningside Company Ltd had the following results for the year to 31 December 2013. A single product — a woggley — was made by the company. Budget Actual Sales in units 140,000 168,000 Sales in £ 350,000 403,200 The standard cost of manufacturing each unit was £2.20. What are the price and volume variances on sales in 2013?
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Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9780273767923
12th Edition
Authors: Frank Wood, Ph.D. Sangster, Alan
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