What is the total gross profit variance? * Bulldogs Inc. had determined the following variances: Type of Variance Amount Analysis Sales Price Variance 4,000 Favorable Cost Volume Variance, 4-way 3,500 Unfavorable Cost Price Variance, 3-way 2,500 Unfavorable Volume Variance 1,000 Favorable O 2,500 favorable D 2,000 favorable D 2,000 unfavorable O 1,000 unfavorable

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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What is the total gross profit variance? *
Bulldogs Inc. had determined the following variances:
Type of Variance
Sales Price Variance
Cost Volume Variance, 4-way
Cost Price Variance, 3-way
Volume Variance
Analysis
Amount
4,000
Favorable
3,500
Unfavorable
2,500
Unfavorable
1,000
Favorable
O 2,500 favorable
O 2,000 favorable
O 2,000 unfavorable
O 1,000 unfavorable
Transcribed Image Text:What is the total gross profit variance? * Bulldogs Inc. had determined the following variances: Type of Variance Sales Price Variance Cost Volume Variance, 4-way Cost Price Variance, 3-way Volume Variance Analysis Amount 4,000 Favorable 3,500 Unfavorable 2,500 Unfavorable 1,000 Favorable O 2,500 favorable O 2,000 favorable O 2,000 unfavorable O 1,000 unfavorable
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