Page 104 - P1 Integrated Workbook STUDENT 2018
P. 104
Chapter 7
Sales variances
2.1 Calculations
Sales price variance $
They did sell for (actual sales revenue) actual × actual X
Units sold should have (actual sales units × standard sales price per unit) Y
sold for actual × standard
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Sales price variance X – Y
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Sales volume variance
Actual sales volume X
Budgeted sales volume Y
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Sales volume variance (units) X – Y
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Standard contribution per unit or could use standard profit/revenue $
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Sales volume variance (X – Y) × $
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100
