Question
Use the same information for #40-43. #40-41 relate to revenue variances. #42-43 relate to COGS variances. Alfredos Pizza Caf reported the following budgeted and actual
Use the same information for #40-43.
#40-41 relate to revenue variances. #42-43 relate to COGS variances.
Alfredos Pizza Caf reported the following budgeted and actual values regarding their annual sales of pizzas.
| Sales Volume in Units | Sales Price per Unit | Cost per Unit |
Budgeted | 10,000 | $16 | $8 |
Actual | 9,500 | $14 | $5 |
Question 40- Calcuate the revenue price variance. Is it favorable or unfavorable?
| A. | $30,000 Favorable | |
| B. | $20,000 Unfavorable | |
| C. | $20,000 Favorable | |
| D. | $30,000 Unfavorable |
Use the same information for #40-43.
#40-41 relate to revenue variances. #42-43 relate to COGS variances.
Alfredos Pizza Caf reported the following budgeted and actual values regarding their annual sales of pizzas.
| Sales Volume in Units | Sales Price per Unit | Cost per Unit |
Budgeted | 10,000 | $16 | $8 |
Actual | 9,500 | $14 | $5 |
Question 41- Calcuate the revenue volume variance. Is it favorable or unfavorable?
| A. | $4,000 Favorable | |
| B. | $4,000 Unfavorable | |
| C. | $8,000 Unfavorable | |
| D. | $8,000 Favorable |
Use the same information for #40-43.
#40-41 relate to revenue variances. #42-43 relate to COGS variances.
Alfredos Pizza Caf reported the following budgeted and actual values regarding their annual sales of pizzas.
| Sales Volume in Units | Sales Price per Unit | Cost per Unit |
Budgeted | 10,000 | $16 | $8 |
Actual | 9,500 | $14 | $5 |
Question 42- Calcuate the COGS cost variance. Is it favorable or unfavorable?
| A. | $20,000 Unfavorable | |
| B. | $20,000 Favorable | |
| C. | $30,000 Unfavorable | |
| D. | $30,000 Favorable |
Use the same information for #40-43.
#40-41 relate to revenue variances. #42-43 relate to COGS variances.
Alfredos Pizza Caf reported the following budgeted and actual values regarding their annual sales of pizzas.
| Sales Volume in Units | Sales Price per Unit | Cost per Unit |
Budgeted | 10,000 | $16 | $8 |
Actual | 9,500 | $14 | $5 |
Question 43- Calcuate the COGS volume variance. Is it favorable or unfavorable?
| A. | $8,000 Unfavorable | |
| B. | $4,000 Unfavorable | |
| C. | $4,000 Favorable | |
| D. | $8,000 Favorable |
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Auditing And Assurance Services
Authors: William Messier, Steven Glover, Douglas Prawitt
8th Edition
