The S Company produces and sells two product lines with the following budgeted revenues and expenses....
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The S Company produces and sells two product lines with the following budgeted revenues and expenses. Expected total industry sales (units) Expected S Company sales (units) Budgeted selling price per unit Variable costs per unit Actual results for 20x2 included: Actual industry sales Actual S Company sales Actual selling price (unit) Product X Product Y 82,100 142,000 8,810 38,000 140 220 65 110 Product X Product Y 96,00 16,000 155 162,000 32,600 198 Required: 1. Calculate the sales volume, sales-quantity and market-size variances: 2 In your opinion, when a large market-size favourable variance could be an issue? The S Company produces and sells two product lines with the following budgeted revenues and expenses. Expected total industry sales (units) Expected S Company sales (units) Budgeted selling price per unit Variable costs per unit Actual results for 20x2 included: Actual industry sales Actual S Company sales Actual selling price (unit) Product X Product Y 82,100 142,000 8,810 38,000 140 220 65 110 Product X Product Y 96,00 16,000 155 162,000 32,600 198 Required: 1. Calculate the sales volume, sales-quantity and market-size variances: 2 In your opinion, when a large market-size favourable variance could be an issue?
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1 Product X Sales Volume Variance Actual S Company Sales Budgeted S Company Sales x Budgeted Selling Price per Unit 16000 8810 x 140 889400 Favourable SalesQuantity Variance Actual Industry Sales Budg... View the full answer
Related Book For
Financial Markets And Institutions
ISBN: 978-0132136839
7th Edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
Posted Date:
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