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QUESTION 1B A company produces 3 products with the following budget information available: A B C Sales GH14 GH15 GH18 Standard full cost GH10 GH10

QUESTION 1B A company produces 3 products with the following budget information available: A B C Sales GH14 GH15 GH18 Standard full cost GH10 GH10 GH13 Budget Production 10,000 units 13,000 units 9,000 units The actual sales price and production were: A B C Sales price GH14.5 GH15.15 GH19.00 Budget production 9,500units 13,500units 8,500units You are required to calculate: i. The sales price variance. [1 Mark] ii. The sales volume profit variance. [1 Mark] iii. The sales mix variance profit. [2 Marks] iv. The sales quantity profit volume variance. [1 Mark] Total = [15 marks]

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