A company produces three products with the following budget information available: A B C Sales GH₵14 GH₵15 GH₵18 Standard full cost GH₵10 GH₵10 GH₵13 Budget
A company produces three products with the following budget information available: A B C Sales GH₵14 GH₵15 GH₵18 Standard full cost GH₵10 GH₵10 GH₵13 Budget Production 10,000 units 13,000 units 9,000 units The actual sales price and production were: A B C Sales price GH₵14.5 GH₵15.15 GH₵19.00 Budget production 9,500units 13,500units 8,500units You are required to calculate: i. The sales price variance. ii. The sales volume profit variance. iii. The sales mix variance profit . iv. The sales quantity profit volume variance.
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