faAT Question:In Bramble Corp.'s income statement, they report a gross profit of$44,000 at standard and the following variances:Materials price$420 FMaterials quantity600 FLabor price420 ULabor quantity1,000 FOverhead900 FBramble would report an actual gross profit of:a. $40,660.b. $47,340.c. $41,500.d. $46,500.

Gross profit (at standard) $44,000Variances: Material price420 F Material quantity600 F Labor…

Answered: Question: In Bramble Corp.'s income…

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 24E: Rosenberry Company computed the following revenue variances for January: Revenue price variance...

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Compute for the following and indicate if its FAVORABLE or UNFAVORABLE Format: 11,111 F or 11,111 U 1. Cost price variance = 2. Cost volume variance= 3. Total gross profit variance=
G.) Price Variance H.) Price-Quantity Variance I.) Cost Variance J.) Cost-Quantity Variance
The income data of SB Kopi for the years 200B and 200A are as follows: 200B 200A Variance Sales 276,000.00 204,000.00 72,000.00 F Cost of Sales 151,800.00 122,400.00 29,400.00 U Gross Profit 124,200.00 81,600.00 42,600.00 Question: the 200B cost price is higher (lower) than the 200A cost price by: (12.745%) (10%) 10% 12.745%
Price-Quantity variance = Cost variance = Cost-Quantity variance = Indicate if its FAVORABLE or UNFAVORABLE. Format: 11,111 F or 11,111 U
Compute for the following: 1. Sales price variance 2. Cost price variance 3. Quantity variance Note: Indicate if it is favorable or unfavorable
Compute for: 1. Total gross profit variance 2. Sales mix variance 3. Final sales volume variance Note: Indicate if it is favorable or unfavorable
Compute for the following: Total gross profit variance = Price variance = Price-Quantity variance = Cost variance = Cost-Quantity variance = Format: 11,111 F or 11,111 U
Compute for the following: Sales price variance Cost price variance Quantity variance Format: 11,111 F or 11,111 U
Compute for the following and Indicate if its FAVORABLE or UNFAVORABLE. Format: 11,111 F or 11,111 U Total gross profit variance = Price variance =

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