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The following information relates to The Melted Cheese Company Ltd for the year to 31 December 2018: Calculate the price,

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The following information relates to The Melted Cheese Company Ltd for the year to 31 December 2018:

Calculate the price, volume and mix variances for 2018.

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Product XXN Y Budget units 800 1,200 3,600 5,600 Sales % 14.3 21.4 64.3 100.0 Budget selling price per unit £ 60 50 80 Budget gross profit per unit £ 10 8 20 Actual units 1,000 800 3,000 4,800 Sales % 20.8 16.7 62.5 100.0 Actual unit selling price £ 58 54 78 Actual unit gross profit £ 8 10 18

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Frank Woods Business Accounting Volume 2

Frank Woods Business Accounting Volume 2

ISBN: 9781292085050

13th Edition

Authors: Frank Wood, Alan Sangster

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Question Details
Chapter # 48- Overhead and sales variances
Section: Review Questions
Problem: 8
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Question Posted: September 17, 2023 08:27:14
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