Notes on answering: 1. When computing, do not use rounded off numbers. E.g., use 3/7 or 0.4285714286 instead of 0.43. 2. Answers in the handwritten solutions must have proper units of measure. Place a peso sign for money amount, % for percentage, times for the turnover. Drop the units of measure for answers in the google form. 3. Final answers which are ratios must be in percent and then round off to two decimal places. E.g., 66.67% for the solution and 66.67 for the google form > not 0.67 and not 67% 4. For the other final answers, if they are not whole numbers, round off to two decimal places. 3. In the handwritten solutions, clearly state whether computed variances are favorable or not. In the google form, type the number as-is if favorable. If unfavorable, place a dash (-) sign before the number. 1 point 7. How much is the sales price- volume variance? * Gross Profit Last Year Gross Profit This Year P 861,250 900,000 650 Change in units sold last year Units Sold 50 Change in sales price Change in cost price P 100 75 Excerpt from the four-way analysis: Sales Quantity Variance - Unfavorable Cost Price Variance - Favorable Cost Quantity Variance - Favorable P 245,000 45,000 178,750 Your answer 1 point 8. How much is the sale mix variance? * Product A Product B 2018 2019 Product C 2018 2019 Average 2018 2019 2018 2019 Sale Price 120.00 110.00 200.00 240.00 500.00 540.00 182.00 208.75 Cost per Unit 70.00 65.00 120.00 149.00 300.00 320.00 108.00 125.00 Gross Profit 50.00 45.00 80.00 91.00 200.00 220.00 74.00 83.75 Product A Product B 2018 2019 Product C 2018 2019 Total 2018 2019 2018 2019 Units Sold 1,200 1,500 600 500 200 400 2,000 2,400 Notes on answering: 1. When computing, do not use rounded off numbers. E.g., use 3/7 or 0.4285714286 instead of 0.43. 2. Answers in the handwritten solutions must have proper units of measure. Place a peso sign for money amount, % for percentage, times for the turnover. Drop the units of measure for answers in the google form. 3. Final answers which are ratios must be in percent and then round off to two decimal places. E.g., 66.67% for the solution and 66.67 for the google form > not 0.67 and not 67% 4. For the other final answers, if they are not whole numbers, round off to two decimal places. 3. In the handwritten solutions, clearly state whether computed variances are favorable or not. In the google form, type the number as-is if favorable. If unfavorable, place a dash (-) sign before the number. 1 point 7. How much is the sales price- volume variance? * Gross Profit Last Year Gross Profit This Year P 861,250 900,000 650 Change in units sold last year Units Sold 50 Change in sales price Change in cost price P 100 75 Excerpt from the four-way analysis: Sales Quantity Variance - Unfavorable Cost Price Variance - Favorable Cost Quantity Variance - Favorable P 245,000 45,000 178,750 Your answer 1 point 8. How much is the sale mix variance? * Product A Product B 2018 2019 Product C 2018 2019 Average 2018 2019 2018 2019 Sale Price 120.00 110.00 200.00 240.00 500.00 540.00 182.00 208.75 Cost per Unit 70.00 65.00 120.00 149.00 300.00 320.00 108.00 125.00 Gross Profit 50.00 45.00 80.00 91.00 200.00 220.00 74.00 83.75 Product A Product B 2018 2019 Product C 2018 2019 Total 2018 2019 2018 2019 Units Sold 1,200 1,500 600 500 200 400 2,000 2,400