A company's master budget for October is to manufacture and sell 60,000 units with fixed costs of £70,000 and a profit of £80,000. The company actually generated £65,000 of profit in October. The sales volume variance for October is £15,000 unfavourable (adverse) The number of units actually sold for October is: A 58,000 В 42,000

A company's master budget for October is to manufacture and sell 60,000 units with fixed costs of £70,000 and a profit of £80,000. The company actually generated £65,000 of profit in October. The sales volume variance for October is £15,000 unfavourable (adverse) The number of units actually sold for October is: A 58,000 В 42,000

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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