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Actual performance is presented as follows:Production units4.500Sales @ GH$125GH$4,300Bought and used 11,250kg of Direct material GH106,8759,000 Direct labour hours GH 126,000Variable overheads GH 49 500Fixed

Actual performance is presented as follows:Production units4.500Sales @ GH$125GH$4,300Bought and used 11,250kg of Direct material GH106,8759,000 Direct labour hours GH 126,000Variable overheads GH 49 500Fixed Overhead GH60,000Required:A) Determine the followingSales price varianceSales volume variance

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Aduana Ltd produces and sell a special product called DAWADAWA. The standard cost of the product is as follows: GHe Direct Material (3kg @ GH@10) 30 Direct Labour (2hrs @ GH@15) 30 Variable Overhead (2hrs @ GH$5) 10 Fixed Overhead (2hrs @ GHe6) 12 Total Unit cost 82 Additional information: Projected production and sales units are 5,000 and 4,500 respectively. The standard selling price is GHe 120

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