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Question 1-4 ( if not possible to answer all, please answer question 2, but I think it is possible since these are not independent questions)
Question 1-4 ( if not possible to answer all, please answer question 2, but I think it is possible since these are not independent questions)
A company's actual profit for a period was $27,000. The variances for the period were:
sales price | $5000 adverse |
fixed overhead volume | $3000 favorable |
fixed overhead capacity | $4000 favorable |
fixed overhead efficiency | $1000 adverse |
1, what was the budgeted profit for the period?
2, the sales margin price variance for October was?
3, the sales volume profit variance for October was?
4, the fixed overhead volume variance for October was?
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