The following information relates to The Melted Cheese Company Ltd for the year to 31 December 20X1:
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The following information relates to The Melted Cheese Company Ltd for the year to 31 December 20X1:
Calculate the price, volume and mix variances for 20X1.
Transcribed Image Text:
Budget Product units XY N Sales % 800 14.3 1,200 21.4 3,600 64.3 5,600 100.0 Budget selling price per unit £ 60 50 80 Budget gross profit per unit £ 10 8 20 Actual units Sales % 1,000 20.8 800 16.7 3,000 62.5 4,800 100.0 Actual unit selling price £ 58 54 78 Actual unit gross profit £ 8 10 18
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Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9780273693109
10th Edition
Authors: Frank Wood, Alan Sangster
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