Baryans Corporation provided the following partial income statements and detailed information for the past two years: 2021 2020 Changes Sales P360,000 P192,000 P168,000 Cost of sales 158,400 96000 62,400 Gross income 201,600 96,000 105,600 Unit selling price 150 120 Unit cost 66 60 Quantity sold 2,400 1,600 How much is the sales price variance? P72,000 unfavorable P57,600 unfavorable None of the other choices P72,000 favorable P57,600 favorable Refer to the case of Baryans Corporation. How much is the cost price variance? None of the other choices P14,400 unfavorable P57,600 unfavorable P14,400 favorable P57,600 favorable Refer to the case of Baryans Corporation. How much is the cost volume variance? P48,000 favorable None of the other choices P96,000 unfavorable P96,000 favorable P48,000 unfavorable
Baryans Corporation provided the following partial income statements and detailed information for the past two years:
2021 2020 Changes
Sales P360,000 P192,000 P168,000
Cost of sales 158,400 96000 62,400
Gross income 201,600 96,000 105,600
Unit selling price 150 120
Unit cost 66 60
Quantity sold 2,400 1,600
How much is the sales price variance?
P72,000 unfavorable
P57,600 unfavorable
None of the other choices
P72,000 favorable
P57,600 favorable
Refer to the case of Baryans Corporation. How much is the cost price variance?
None of the other choices
P14,400 unfavorable
P57,600 unfavorable
P14,400 favorable
P57,600 favorable
Refer to the case of Baryans Corporation. How much is the cost volume variance?
P48,000 favorable
None of the other choices
P96,000 unfavorable
P96,000 favorable
P48,000 unfavorable
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