Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

is the attached correct calculations of sales price variance? Sales: Master Budget Games 40,000 DVD's $640,000 Business 2000 DVD's $110,000 Educational10000 Dvd's $200,000 Total Sales:

is the attached correct calculations of sales price variance?

image text in transcribed Sales: Master Budget Games 40,000 DVD's $640,000 Business 2000 DVD's $110,000 Educational10000 Dvd's $200,000 Total Sales: $950,000 Variable costs 52000 DVD's $104,000 Fixed costs $535,000 Pretax income $311,000 Actual 35,000 DVDs 4,000 DVDs 11,000 DVDs 50,750 DVDs Actual $616,000 198,000 220,000 $1,034,000 106,575 533,500 $393,925 Sales Price Variance $ 56,000.00 ($22,000.00) 0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial And Managerial Accounting

Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell

4th Edition

1119752620, 978-1119752622

More Books

Students also viewed these Accounting questions

Question

1. To understand how to set goals in a communication process

Answered: 1 week ago