Bulldogs Inc. wants to analyze the variances in its actual and budgeted gross profit. The following are available: ·  Actual gross profit and actual gross profit ratio is P600,000 and 25%, respectively. ·  The actual sales are P400,000 more than the total budgeted sales. ·  Budgeted sales price at actual quantity sold is P2,000,000 What is the Sales Volume Variance under 4-way analysis?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter9: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 22E
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Bulldogs Inc. wants to analyze the variances in its actual and budgeted gross profit. The following are available:

·  Actual gross profit and actual gross profit ratio is P600,000 and 25%, respectively.
·  The actual sales are P400,000 more than the total budgeted sales.
·  Budgeted sales price at actual quantity sold is P2,000,000

What is the Sales Volume Variance under 4-way analysis?

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