Western Company's budgeted and actual sales for 2009 were: Part (a) Calculate the sales volume variance. Part
Question:
Western Company's budgeted and actual sales for 2009 were:
Part (a) Calculate the sales volume variance.
Part (b) Calculate the sales price variance.
Part (c) Calculate the total salesvariance.
Transcribed Image Text:
Product Budgeted Sales 10,250 units at S16.00 per unit 15,560 units at S12.00 per unit Actual Sales 12,130 units at S15.60 per unit B 12.940 units at $12.40 per unit
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (10 reviews)
A Computation of the sales volume variance Budgeted Sales at budgeted price ar...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Accounting Texts and Cases
ISBN: 978-1259097126
13th edition
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
Question Posted:
Students also viewed these Cost Accounting questions
-
following are the static budget planned and actual sales for the three products produced by best company contribution margin actual units static budget units alpha $300 250,000 450,000 beta $450...
-
In todays society, businesses are expected to do more than just earn a profit. The concept of a triple-bottom-line orientation is being demanded by people, customers, and even employees. Write one...
-
Calculate the total price variance for direct labor and the labor rate cost variance from the followingdata: Direct Material Direct Labor $10.00 $ 9.25 22.00 12,000 S 22.50 $270,000 Planned...
-
Use the normal approximation to the Poisson distribution with = 75. (a) What is the probability that a value from the Poisson distribution will be greater than 50? (b) What is the probability that a...
-
Borosilicate glasses and fused silica are resistant to thermal shock. Why is this so?
-
Data on the physical inventory of Timberline Co. as of December 31, 2006, are presented in the working papers. The quantity of each commodity on hand has been determined and recorded on the inventory...
-
Each month, Morgan Fabrication receives csv files from its facilities in Detroit, Albany, and Providence. These files summarize production in each facility for each day during the previous month, and...
-
Indicate whether each of the following characteristics is more closely associated with common stock (C) or preferred stock (P): 1. Often receives dividends at a set rate. 2. Is considered the...
-
What is the difference between training and development and what are the three steps included in both? What are the different types of power played within the organization and its potential effects.
-
A certain coal has the following analysis on a mass basis: 82 percent C, 5 percent H2O, 2 percent H2, 1 percent O2, and 10 percent ash. The coal is burned with 50 percent excess air. Determine the...
-
The management of Horton Company estimates that credit sales for August, September, October, and November will be $270,000, $375,000, $420,000, and $240,000, respectively. Experience has shown that...
-
Mace Company accumulates the following data concerning a mixed cost, using miles as the activity level. Compute the variable and fixed cost elements using the high-lowmethod. Miles Driven 10.000...
-
Find the T-parameters of a two-port device whose Z-parameters are Z 11 = 10 6 s, Z 12 = Z 21 = 10 7 s, and Z 22 = 10 8 s. Compare with the results of Problem 13.21. Data from problem 13.21 A load Z L...
-
How does the author utilize mythological allusions to underscore the protagonist's hubris in the narrative?
-
What is emerging as a major business area of innovation that offers a flexible collection of computers on the Internet that can perform tasks previously performed on corporate computers?
-
Graduate professors like to insist that the completion of thesis or dissertation research is not merely an academic exercise or final hurdle to obtaining the desired degree. Explain at least one...
-
Lily's Market has net income of $42,180, total equity of $426,500, and total assets of $976,200. The dividend payout ratio is 0.35. What is the sustainable growth rate? (Keep four decimals in...
-
Acid Test Ratio Example: Enterprise XYZ has a closing stock of 30,000 while its prepaid expenses are 5000. What will be its quick assets ratio if the current assets are wort 255000 while current...
-
Who is ultimately responsible to the owner if a subcontractor does unacceptable work?
-
Reconsider Prob. 1474. In order to drain the tank faster, a pump is installed near the tank exit as in Fig. P1475. Determine how much pump power input is necessary to establish an average water...
-
What is the purpose of a business license?
-
Identify a major advantage of the FIFO method for purposes of planning and control.
-
Identify the main difference between journal entries in process costing and job costing?
-
The standard-costing method is particularly applicable to process-costing situation. Do you agree? Why?
-
Calendar Plc have a year end of 30/09/X2. They have prepared the following information about their non-current assets: Land was revalued to 4.2 million on 28/09/X2 All buildings are depreciated using...
-
Antique Accents reported the following on its 2020 income statement. Using the income statement and the balance sheet given below, prepare the statement of cash flows using the indirect method. For...
-
Jamal, Maggie, and Kendra are dividing an estate consisting of a house, a vacation home, and a small business. Their valuations are shown below. Determine the payment that Kendra receives from the...
Study smarter with the SolutionInn App