need this subjects solutions Radek Ltd has budgeted sales of 400 units at $2.50each. The variable costs are expected to be $1.80 perunit, and there are no fixed costs. The actual sales were500 units at $2 each and costs were as expected.Calculate the sales price and sales volume variances(using marginal costing).

Step 1: Definition of Marginal CostingMarginal costing is a cost accounting technique where only…

Answered: Radek Ltd has budgeted sales of 400…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 17EB: The production cost for UV protective sunglasses is $5.50 per unit and fixed costs are $19,400 per...

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Radek Ltd has budgeted sales of 400 units at $2.50 each. The variable costs are expected to be $1.80 per unit, and there are no fixed costs. The actual sales were 500 units at $2 each and costs were as expected. Calculate the sales price and sales volume variances (using marginal costing).