nder 4-way analysis?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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1. What is the sale price variance under 3-way analysis?

2. What is the cost volume variance under 4-way analysis? 

Bulldogs Inc. presents the following amounts per unit:
2021
2020
Sales
P190
P180
Cost of Goods Sold
150
150
Gross Profit
P40
P30
Units sold in 2020 are at 80 while 90 in 2021.
Transcribed Image Text:Bulldogs Inc. presents the following amounts per unit: 2021 2020 Sales P190 P180 Cost of Goods Sold 150 150 Gross Profit P40 P30 Units sold in 2020 are at 80 while 90 in 2021.
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