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You're a financial analyst and your boss has asked you to do a comparison of monthly budget versus actual performance for the division which sells
You're a financial analyst and your boss has asked you to do a comparison of monthly budget versus actual performance for the division which sells collars and leashes. The data given you is as follows: 17. Using the above information, calculate the average unit prices and do a traditional volume/rate analysis. What is the variance due to rate (price)? a. $1800 b. $1200 c. $400 d. $600 8. Using the same above information as in Problem 17, do a volume/rate/mix (Morin Method) variance analysis. What is the variance due to rate (price)? a. $1200 b. $1067 c. $533 d. $600
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