The Summers Sporting Goods Shop presents the following data for two types of racquetball gloves, leather...

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The Summers Sporting Goods Shop presents the following data for two types of racquetball gloves, leather and fabric, for 19A and 19B. 19A 198 Units Per unit Amount Units Per unit Amount Sales: 12,000 $10.00 $120,000 Leather racquetball gloves Fabric racquetball gloves 8,000 $8.00 $64,000 8,000 $4.00 $32,000 20,000 $6.00 $120,000 $96,000 $240,000 Cost of Goods Sold Leather racquetball gloves Fabric racquetball gloves 8,000 $6.00 12,000 9.00 $108,000 $48,000 8,000 $3.00 $24,000 20,000 5.00 100,000 $72,000 $208,000 Gross profit 16,000 $1.50 $24,000 32,000 $1.00 $32,000 ====== Required: • Calculate price and volume variances for sales and cost. • The sales mix and final sales volume variances. The Summers Sporting Goods Shop presents the following data for two types of racquetball gloves, leather and fabric, for 19A and 19B. 19A 198 Units Per unit Amount Units Per unit Amount Sales: 12,000 $10.00 $120,000 Leather racquetball gloves Fabric racquetball gloves 8,000 $8.00 $64,000 8,000 $4.00 $32,000 20,000 $6.00 $120,000 $96,000 $240,000 Cost of Goods Sold Leather racquetball gloves Fabric racquetball gloves 8,000 $6.00 12,000 9.00 $108,000 $48,000 8,000 $3.00 $24,000 20,000 5.00 100,000 $72,000 $208,000 Gross profit 16,000 $1.50 $24,000 32,000 $1.00 $32,000 ====== Required: • Calculate price and volume variances for sales and cost. • The sales mix and final sales volume variances.

Answer rating: 100% (QA)

Saly price variance Actual proce BudgeHd Psuce Actual saly Quantity Alco 2120 x 750... View the full answer