Bulldogs Inc. expected to sell in October 2021 1,000 units of Dell laptops with a purchase cost per unit of PHP55,000, and expected to earn a gross profit per unit of PHP10,000. At the end of the month, after selling 100 more units, it reported a shortfall in actual gross profit by PHP1.20 million partly because purchase cost increased by PHP1,000 per unit. How much is the sales volume variance? A. 5.5M U B. 4.3M U C. 7.5M F D. 6.5M F
Bulldogs Inc. expected to sell in October 2021 1,000 units of Dell laptops with a purchase cost per unit of PHP55,000, and expected to earn a gross profit per unit of PHP10,000. At the end of the month, after selling 100 more units, it reported a shortfall in actual gross profit by PHP1.20 million partly because purchase cost increased by PHP1,000 per unit. How much is the sales volume variance? A. 5.5M U B. 4.3M U C. 7.5M F D. 6.5M F
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter23: Evaluating Variances From Standard Costs
Section: Chapter Questions
Problem 25E: Lowell Manufacturing Inc. has a normal selling price of 20 per unit and has been selling 125,000...
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Bulldogs Inc. expected to sell in October 2021 1,000 units of Dell laptops with a purchase cost per unit of PHP55,000, and expected to earn a gross profit per unit of PHP10,000. At the end of the month, after selling 100 more units, it reported a shortfall in actual gross profit by PHP1.20 million partly because purchase cost increased by PHP1,000 per unit. How much is the sales volume variance?
A. 5.5M U
B. 4.3M U
C. 7.5M F
D. 6.5M F
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