Question
Question 4 (2 Marks) A1, B1, C1, The following sales were budgetedfor the year: Product A Product B Product C Demand (units) 1,000 2,000 3,000
Question 4 (2 Marks) A1, B1, C1,
The following sales were budgetedfor the year:
|
| Product A | Product B | Product C |
| Demand (units) | 1,000 | 2,000 | 3,000 |
| Selling price | $15 | $20 | $30 |
| Profit per unit | $2 | $5 | $2 |
Actual sales for the year showedthe following results:
|
| Product A | Product B | Product C |
| Units sold | 1,100 | 2,050 | 2,800 |
| Sales value | $17,050 | $38,950 | $86,800 |
| Profit | $3,080 | $10,455 | $6,160 |
What is the sales mix variance?
- $2,292 Adverse
- $1,845 Favourable
- $200 Favourable
- $50 Favourable
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Financial Statement Fraud Strategies For Detection And Investigation
Authors: Gerard M. Zack
1st Edition
1118301552, 9781118301555
