Related Data of panama company by-product: Units sold 250 Sales price per unit 50 Total disposal cost 2,500 Total further processing cost 3,820 Final sales price per unit 80 Net profit 30% based on sales How much is the manufacturing cost before separation?
Variance Analysis
In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance.
Standard Costing
The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.
Related Data of panama company by-product:
Units sold 250
Sales price per unit 50
Total disposal cost 2,500
Total further
Final sales price per unit 80
Net profit 30% based on sales
How much is the
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