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Compute the following variances from the data given below : (a) Total sales margin variance (b) Sales margin volume variance (c) Sales margin price variance
Compute the following variances from the data given below :
(a) Total sales margin variance
(b) Sales margin volume variance
(c) Sales margin price variance
(d) Sales margin quantity variance
(e) Sales margin mix variance.
Product Budgeted quantity (units) A B 240 160 Actual quantity (units) 400 200 Budgeted sale price per unit (Rs.) 50 25 Actual sale price per unit (Rs.) 45 20 Standard cost per unit (Rs.) 30 15
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