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

all step covering

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=

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

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

Sunny Corporation has collected the following data for one of its products: Direct materials standard (3 pounds per unit @ $0.40/lb.) Actual direct materials purchased Actual Direct Materials Used (AQU) Actual Price (AP) paid per pound How much is the direct materials price variance? O A. $1,610 unfavorable B. $2,240 favorable C. $1,610 favorable O D. $2,240 unfavorable $1.20 per finished good 32,000 pounds 23,000 pounds $0.47