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From the following data relating to products A and B calculate the sales variances based on profit. Products Quantity in units Selling price per unit Cost price per unit $. $. Budgeted sales A B A B 10,000 15,000 25,000 9,000 16,000 25,000 20 10 Actual sales 19 11 17 6 17 6 Profit per unt $, 3 2 5

From the following data relating to products A and B calculate the sales variances based on profit. Products Quantity in units Selling price per unit Cost price per unit $. $. Budgeted sales A B A B 10,000 15,000 25,000 9,000 16,000 25,000 20 10 Actual sales 19 11 17 6 17 6 Profit per unt $, 3 2 5

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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From the following data relating to products A and B calculate the sales variances based on profit. Products Quantity in units Selling price per unit $. A B A B 10,000 15,000 25,000 9,000 16,000 25,000 Budgeted sales 20 10 Actual sales 19 11 Cost price per unit $. 17 6 17 6 Profit per unt $, 3 4 2 5
Transcribed Image Text:From the following data relating to products A and B calculate the sales variances based on profit. Products Quantity in units Selling price per unit $. A B A B 10,000 15,000 25,000 9,000 16,000 25,000 Budgeted sales 20 10 Actual sales 19 11 Cost price per unit $. 17 6 17 6 Profit per unt $, 3 4 2 5
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