Vistula Inc. use a standard costing system for all its products. The bookshelves they produce have a standard variable cost of £25. The standard selling price is £50 and budgeted total sales for April are 750 bookshelves. The actual selling price was £55, the actual variable costs were £31.50 per bookshelf, and the actual number of bookshelves sold in April was 900. What is the sales volume variance for April? -£3,750 favourable -£3,750 unfavourable -£2,400 unfavourable -£2,400 favourable

Q: Scandia Scandia produces a product with three different levels of quality (deluxe, standard and…

A: Sales Price variance = ( Actual price - Budgeted price)*Actual Quantity  Sales Volume variance =…

Q: A product is expected to take 2 hours per unit and the labour is budgeted at £9 per hour. The…

A: Here in this question, we are required to calculate the labor rate and efficiency variance. Labor…

Q: Reef Industries produces almond milk and uses a standard cost accounting system. A unit of finished…

A: Solution: Actual cost Almond purchased and used = $148,900 Price variance = $3,750 Favorable…

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A: The direct labor cost variance represents the difference between the actual labor cost incurred by…

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A: Direct materials usage variance =  (Standard quantity * Standard price) - (Actual quantity *…

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A: Spending variance is the difference between actual costs and flexible budget costs. Flexible budget…

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A: SOLUTION- FORMULA- TOTAL SALE QUANTITY VARIANCE = (BUDGETED QUANTITY-ACTUAL SALES ) * STANDARD…

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A: the spending variance for dye costs=the actual level of activity*variable cost-The actual dye cost

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A: Sales price variance = (ASP - BSP) * ASQ

Q: SAS co. operates a marginal costing system and sells two products Handbags (H) and Perfumes (P). The…

A: The following computations are done for SAS Company.

Q: A company uses standard marginal costing. Last month, when all sales were at the standard selling…

A: Calculation of Actual Contribution: Standard Contribution $85,600 Variable cost variance…

Q: ABC Corporation sold 1,200 units for the month at an average selling price of P5,000. Its target…

A: Total sales variance refers to the difference between actual sales and standard sales . If actual…

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A: Direct material price variance: It refers to a difference between the actual price that is paid by…

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A: Variance: The difference between the actual cost or price and the budgeted (standard) cost or price…

Q: Zebro Ltd presents the following information for a month: Budgeted production of product P = 200…

A: Standard costing is a method in which by making comparison between the actual cost incurred with…

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A: Labor rate variance = (Actual rate per hour - Standard rate per hour)*Actual hours worked = ($15.75…

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A: Variance analysis shows the differences between the actual and standard results and also shows the…

Q: want answer of this quetion

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A: Variance refers to the difference between the budgeted, planned, or standard cost and the actual…

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A: Budgeted sales SQSPSQ × SP4501080486000

Q: Compute the total sales quantity variance on contribution margin. Indicate if favorable or…

A: Total Sales Quantity Variance = (Budgeted Qty - Actual Sales) Standard Contribution Margin per unit

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A: Contribution margin :— It is the difference between sales revenue and variable cost.    Operating…

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A: Direct material variance is the difference between actual direct material cost and standard direct…

Q: V Timers, Inc., manuf

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Q: The management accountant of a business is calculating the monthly variances to review and control…

A: Sales volume profit variance is the variance between budgeted units sold and actual units sold with…

Q: 520 unfavorable

A: Correct answer is unfavourable 520

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A: Fixed overhead expenditure variance =Budgeted fixed overhead- Actual fixed overhead Fixed overhead…

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A: Applied Factory Overhead:-Applied overhead is the fixed-rate charged to a specific job or production…

Q: ProNet Systems is a start-up company that makes connectors for high-speed Internet connections. The…

A: Variance refers to the difference in the actual cost incurred and standard cost. The variance can be…

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A: 1. Total Sales Variance = Actual Sales - Target Sales 2. Sales Price Variance = (Actual Price -…

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A: Solution Actual rare of labor = actual cost / actual hours  = 42300/ 4700 = 9.00 per hour

Q: Farad, Inc., specializes in selling used trucks. During the month, Farad sold 52 trucks at an…

A:

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A: Direct labor rate variance: The direct labor rate variance is a measure to determine the variation…

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Q: A company developed the following per-unit standards for its product: 2 pounds of direct materials…

A: Lets understand the basics. Direct material price variance is a variance between the rate at which…

Q: 1

A: The objective of the question is to calculate the budgeted cost of purchases for March for ABC Ltd.…