Question: Compute the following variances from the data given below : (a) Total sales margin variance (b) Sales margin volume variance (c) Sales margin price variance

Compute the following variances from the data given below :

(a) Total sales margin variance

(b) Sales margin volume variance

(d) Sales margin quantity variance

(e) Sales margin mix variance.

Product Budgeted quantity (units) A B 240 160 Actual quantity (units) 400 200 Budgeted sale price per unit (Rs.) 50 25 Actual sale price per unit (Rs.) 45 20 Standard cost per unit (Rs.) 30 15

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