The S Company produces and sells two product lines with the following budgeted revenues and expenses:...
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The S Company produces and sells two product lines with the following budgeted revenues and expenses: X Y Expected total industry sales (units). Expected Siobhan Company sales (units) Budgeted selling price per unit Budgeted CM/Unit Actual results for 20x2 included: Actual total industry sales Actual Siobhan Company Sales Actual selling price (per unit) Required - Calculate all revenue variances. 82,100 142,000 8,810 38,000 $140 $220 $75 $110 96,000 162,000 16,000 32,600 $155 $198 4 The S Company produces and sells two product lines with the following budgeted revenues and expenses: X Y Expected total industry sales (units). Expected Siobhan Company sales (units) Budgeted selling price per unit Budgeted CM/Unit Actual results for 20x2 included: Actual total industry sales Actual Siobhan Company Sales Actual selling price (per unit) Required - Calculate all revenue variances. 82,100 142,000 8,810 38,000 $140 $220 $75 $110 96,000 162,000 16,000 32,600 $155 $198 4
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Revenue variances are used to measure the difference between expected and actual sales This information is needed to determine the success of an organ... View the full answer
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
Posted Date:
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