The actual variable cost of goods sold for a product was $ 70 per unit, while the

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The actual variable cost of goods sold for a product was $ 70 per unit, while the planned variable cost of goods sold was $68 per unit. The volume increased by 1,200 units to 7,000 actual total units. Determine
(a) The variable cost quantity factor and
(b) The unit cost factor for variable cost of goods sold.

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Financial and Managerial Accounting

ISBN: 978-0538480895

11th Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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