Question
Last quarter, JT Engineering earned $421,500 in sales revenue and had $206,450 cost of goods sold (at standard). JTs gross profit (actual) was $210,660. What
Last quarter, JT Engineering earned $421,500 in sales revenue and had $206,450 cost of goods sold (at standard). JTs gross profit (actual) was $210,660. What was JTs total variance? Was it favorable or unfavorable?
$4,390 favorable.
$4,210 favorable.
$4,210 unfavorable.
$4,390 unfavorable
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Accounting For Sustainability
Authors: Gunnar Rimmel
1st Edition
0367478927, 9780367478926
