PART B REQUIREMENTS: For the given data below calculate all the variances for Level1,2, and 3 analysis. Explain the performance of the company.2015 ACTUAL SALES2015 INVENTORIES IN UNISProductUnitsEnding InventoryBegining Inventory20,000Price58,000ThingoneThingtwo$16727,00046,000$2188,0003,000Actual2015 INVENTORIES INUNITSDirectUnitUnitBeginingEndingMaterialsPriceInventoryInventoryChangesAkg4%32,00030,000increasekg3%29,00025,000decreaseunitNo6,0005,000changeAll other costs increase 8% comparing to the previous year's prices. But the workers are nothappy with this new pricing policy and they slowed the work 4%.

The group of individuals in charge of sales operations is also referred to as sales. Revenue…

PART B REQUIREMENTS: For the given data below calculate all the variances for Level 1,2, and 3 analysis. Explain the performance of the company. 2015 ACTUAL SALES Product Units Price Thingone 58,000 $167 Thingtwo 46,000 $218 Direct Materials B Actual Unit Unit Price Changes kg kg unit increase 3% decrease No change Begining Inventory 20,000 8,000 2015 INVENTORIES IN UNITS Begining Inventory 32,000 2015 INVENTORIES IN UNITS Ending Inventory 27,000 3,000 29,000 6,000 Ending Inventory 30,000 25,000 5,000 All other costs increase 8% comparing to the previous year's prices. But the workers are not happy with this new pricing policy and they slowed the work 4%.

PART B REQUIREMENTS: For the given data below calculate all the variances for Level 1,2, and 3 analysis. Explain the performance of the company. 2015 ACTUAL SALES Product Units Price Thingone 58,000 $167 Thingtwo 46,000 $218 Direct Materials B Actual Unit Unit Price Changes kg kg unit increase 3% decrease No change Begining Inventory 20,000 8,000 2015 INVENTORIES IN UNITS Begining Inventory 32,000 2015 INVENTORIES IN UNITS Ending Inventory 27,000 3,000 29,000 6,000 Ending Inventory 30,000 25,000 5,000 All other costs increase 8% comparing to the previous year's prices. But the workers are not happy with this new pricing policy and they slowed the work 4%.

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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