Budget 2,700 3,600 $12,800 $15,300 1,500 2,400 JANVI Shop sells a variety of magic Toys. In a recent month, its accounting information system revealed the following information: Units Sales revenue Variable product costs Actual Fixed manufacturing costs 950 850 Variable selling costs 1,800 1,650 Fixed nonmanufacturing 600 750 costs i. Revenue budget variance. ii. Sales price variance. Calculate the following variances:

Budget 2,700 3,600 $12,800 $15,300 1,500 2,400 JANVI Shop sells a variety of magic Toys. In a recent month, its accounting information system revealed the following information: Units Sales revenue Variable product costs Actual Fixed manufacturing costs 950 850 Variable selling costs 1,800 1,650 Fixed nonmanufacturing 600 750 costs i. Revenue budget variance. ii. Sales price variance. Calculate the following variances:

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 5CE: Refer to Cornerstone Exercise 3.4 for data on Dohini Manufacturing Companys purchasing cost and...

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