Question
COST MANAGEMENT: PLEASE SHOW ALL COMPUTATIONS IN DETAIL PLEASE AND THANK YOU 4. Lau & Lau, Ltd. of Hong Kong manufacture two products for the
COST MANAGEMENT: PLEASE SHOW ALL COMPUTATIONS IN DETAIL PLEASE AND THANK YOU
4. Lau & Lau, Ltd. of Hong Kong manufacture two products for the same market. Its budget and operating results for the year just completed follow:
Actual Budget
Unit of sales
Product A 30,000 35,000
Product B 60,000 65,000
Contribution per unit
Product A $4.00 $3.00
Product B 10.00 12.00
Selling price per unit
Product A $10.00 $12.00
Product B 25.00 24.00
At the time of budget preparation, the budgeting department and sales department agreed that the industry volume for the year would likely be 1,500,000 units. Actual industry volume turned out to be 2,000,000 units.
Required:(you may round fractions to three decimal places)
H. What is the total variable cost price variance if the total contribution margin price variance is $50,000 favorable?
I. What is the total variable cost efficiency variance if the total contribution margin price variance is $50,000 favorable?
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Controlling White Collar Crime Designing And Auditing For Systems Security
Authors: John Millar Carroll
1st Edition
0409950653, 978-0409950656
