The cost price variance is
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The cost price variance is
Transcribed Image Text:Data for National Co. is as follows:
Product A
Product B
2021
15,000
P10
2020
2021
2020
Units sold
Unit selling price
Unit cost
10,000
20,000
10,000
P10
P15
P15
P5
P7.50
P13
P8
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