Question 3.3

incorrect answers need help fixing have attatched trainer feedback at bottom

3.3.a

Using the budget information and sales figures provided about products: A, B, and C, complete the table.

Budget

Product	Cost price	Sale price	Total budget sales last month	Total costs on sales	Gross profit budget last month	Profit % per item on sale price
#	$	Per item	On sales
A	$7.50	$12.00	500	$6,000.00	$3,750.00	$4.50	$2,250.00	38%
B	$9.25	$17.00	400	$6,800.00	$3,700.00	$7.75	$3,100.00	46%
C	$10.00	$30.00	300	$9,000.00	$3,000.00	$20.00	$6,000.00	67%
Total			1,200	$21,800.00	$10,450.00		$11,350.00

Sales

Product	Cost price	Sale price	Total budget sales last month	Total costs on sales	Gross profit budget last month	Profit % per item on sale price
#	$	Per item	On sales
A	$7.50	$12.00	650	$7,800.00	$4,875.00	$4.50	$2,925.00	38%
B	$9.25	$17.00	500	$8,500.00	$4,62500	$7.75	$3,875.00	46%
C	$10.00	$30.00	200	$6,000.00	$2,000.00	$20.00	$4,000.00	67%
Total			1,350	$22,300.00	$11,500.00		$10,800.00

Product	Gross profit budget ($)	Gross profit actual ($)	Variance ($)
A	3,750	4,875	1,125 favorable
B	3,700	4,625	925 favorable
C	3,000	2,000	1,000 unfavorable
Total	10,450	11,500	1,050 favorable

Not correct trainer feedback -

Not satisfactory

Trainer feedback

You have used total cost of sales figures instead of the profit figures. For instance Product A gross profit budget should be $2,250.

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