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Husky Pub purchases its signature ale from a local custom brewery for $250 per keg. Husky can pour 120 pints per keg and sells them
Husky Pub purchases its signature ale from a local custom brewery for $250 per keg. Husky can pour 120 pints per keg and sells them for $8 each. The pub budgeted to sell 1,440 pints in October but actually sold 1,420. It used 12.5 kegs in October and earned revenue of $11,218. Required a) Calculate Octobers total sales price variance. b) Calculate Octobers cost variance for ale. Flexible Budgeting and Variance Analysis Chapter 7 185 c) Calculate Octobers quantity variance for ale. d) Calculate the total flexible budget variance
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