Question: In Bramble Corp.'s income statement, they report a gross profit of $44,000 at standard and the following variances: Materials price $420 F Materials quantity 600 F Labor price 420 U Labor quantity 1,000 F Overhead 900 F Bramble would report an actual gross profit of: a. $40,660. b. $47,340. c. $41,500. d. $46,500.

must needed answerd

Financial

Compute for the following and indicate if its FAVORABLE or UNFAVORABLE Format: 11,111 F or 11,111 U 1. Cost price variance =  2. Cost volume variance=  3. Total gross profit variance=

step by step ans needed

cost account

Compute for: 1. Total gross profit variance 2. Sales mix variance 3. Final sales volume variance Note: Indicate if it is favorable or unfavorable

In Bramble Corp.'s income statement, they report a gross profit of $44,000 at standard and the following variances:   Materials price $420 F Materials quantity 600 F Labor price 420 U Labor quantity 1,000 F Overhead 900 F Bramble would report an actual gross profit of: a. $40,660. b. $47,340. c. $41,500. d. $46,500.

Compute for the following: Total gross profit variance = Price variance =  Price-Quantity variance =  Cost variance =  Cost-Quantity variance =  Format: 11,111 F or 11,111 U

Compute the following: Total gross profit variance Sales mix variance Final sales volume variance Format: 11,111 F or 11,111 U