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Brent is tasked to compute for the gross profit variation of the company for the year. He believes that the change in gross profit of
Brent is tasked to compute for the gross profit variation of the company for the year. He believes that the change in gross profit of P100,000 is primarily caused by the Sales Quantity Variance of P1.44 Million, given that there was a 25% price change to achieve the P9 Million sales. There was a 40% gross profit margin for the current year. Compute for:
Sales Price Variance:
Sales Last year:
Cost Price Variance:
Cost of Sales Last Year:
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