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Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773 Exercise 38
Sales Variances; Flexible-Budget Variance; Review of Chapter 14 Robinson Company has two products, A and B. Robinson's budget for August follows:
On September 1, these operating results for August were reported:
Required
1. For each product, determine the following variances measured in contribution margin:
a. Flexible-budget variance.
b. Sales volume variance.
c. Sales quantity variance.
d. Sales mix variance.
2. Explain the amount of the flexible-budget variance using the amounts of the selling price and variable cost variances.
On September 1, these operating results for August were reported:
Required
1. For each product, determine the following variances measured in contribution margin:
a. Flexible-budget variance.
b. Sales volume variance.
c. Sales quantity variance.
d. Sales mix variance.
2. Explain the amount of the flexible-budget variance using the amounts of the selling price and variable cost variances.
Explanation
Verified
Verified
Sales Variances are usually evaluated to...
Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
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