Page 379 - F2 - MA Integrated Workbook STUDENT 2018-19
P. 379

Standard costing








                   Test your understanding 4




                   The following data relate to product R for the latest period.


                   Budgeted sales revenue                $250,000

                   Standard selling price per unit          $12.50

                   Standard contribution per unit            $5.00

                   Actual sales volume (units)              19,500

                   Actual sales revenue                  $257,400


                   The sales variances for the period are:

                   Sales price variance                      $                        A        F

                   Sales volume contribution variance        $                        A        F





                  Illustrations and further practice



                  Now try TYU questions 2 and 3 from Chapter 15.




























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