8. How much is the sale mix variance? Product B 2018 2019 2018 2019 2018 2019 2018 Product A Product C Average 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 Product C Total 2018 2019 2018 2019 2018 2019 2018 2019 Units Sold 1,200 1,500 600 500 200 400 2,000 2,400

8. How much is the sale mix variance? Product B 2018 2019 2018 2019 2018 2019 2018 Product A Product C Average 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 Product C Total 2018 2019 2018 2019 2018 2019 2018 2019 Units Sold 1,200 1,500 600 500 200 400 2,000 2,400

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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PRODUCT A PRODUCT B PRODUCT C Total Budgeted sales in pieces 2700 9500 5600 17800 Budgeted sale price in € 35 85 110 Actual sales in pieces 5000 18000 5800 28800 Actual selling price per piece 37 90 115 You are asked to find the total sales deviation, volume deviation and price deviation per product
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Question 6 Graham's average P/E is 17.663, and its EPS is $41.00. If its current price is $609.75, is it over or under valued? $551.32 and it's over valued Not enough information None of the answers is correct $724.183 and it's under valued Next
Highlight T Strikethrough Calculator A company sells two products and has calculated the following information relating to sales variances: Sales mix variance = $1,000 Sales price variance = $200F Sales volume variance = $1,400A There is no indication as to whether the sales mix variance is adverse or favourable but it was caused by a lower proportion of the more profitable item being sold. What is the sales quantity variance? $200 Adverse $400 Adverse $2,400 Adverse $400 Favourable
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0 O Value Analysis 1016 Price Analysis O Spend Analysis Question 3 Which statement is FALSE: O Price analysis is used for strategic buy O Life cycle cost of ownership is used with critical buy 4 O Spend analysis is based on three main categories of spending costs O Price analysis uses an external benchmark to compare prices Question 4 Cost breakdown problem: A supplier indicates a 20% increase in labor costs and demands a 20% increase in purchasing What is the current purchasing.price? bould be the new purchasing price?
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