Multiple Choice
Franklin Company expected sales were 2,000 units at £100 per unit. During 2004, it had actual sales of 1,800 units at £110 per unit. Budgeted variable costs were £60 per unit. What is Franklin's sales price variance?
A) £8,000 (U)
B) £20,000 (U)
C) £18,000 (F)
D) £2,000 (U)
Correct Answer:

Verified
Correct Answer:
Verified
Q43: Figure 5<br>Ebola Company has developed the following
Q44: A favorable materials usage variance may be
Q45: Figure 1<br>Max Company has developed the following
Q46: An unfavorable materials price variance with a
Q47: Figure 8<br>The following information was extracted from
Q49: Figure 1<br>Max Company has developed the following
Q51: Figure 5<br>Ebola Company has developed the following
Q52: The labour rate variance is calculated as<br>A)
Q53: Which department is usually held responsible for
Q64: Using more highly skilled direct labourers might