Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Amar Ltd furnishes the following information relating to budgeted sales and actual sales for the month of March 2010. PRODUCT STANDARD UNITS STANDARD RATE (INR)
Amar Ltd furnishes the following information relating to budgeted sales and actual sales for the month of March 2010.
PRODUCT | STANDARD UNITS | STANDARD RATE (INR) | ACTUAL UNITS | ACTUAL RATE (INR) |
A | 1200 | 15 | 880 | 18 |
B | 800 | 20 | 880 | 20 |
C | 2000 | 40 | 2640 | 38 |
calculate :
(a) Sales price variance
(b) Sales volume variance
(c) Sales mix variance
(d) Sales quantity variance
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started