The sales price factor shows a variance of: a) P150,000 unfavorable b) P150,000 favorable c) P84,000 unfavorable d) P84,000 favorable
Q: his year’s total sales of Bulldogs Inc. is P4,600,000. The following variances are determined: ·…
A: Total sales variance is the difference between budgeted sales and actual sales. It can be due to…
Q: gross profit variance analysis is most correct?
A: b. All of the choices are correct.
Q: The cost price variance is * Sample format: 111,111 F or 111,111 U Data for National Co. is as…
A: A favorable cost price variance is when an actual price is lower than the standard which means that…
Q: 7. Using the three-variance approach, what is the volume variance? b. P 2,640 F а. Р 13,260 U c.…
A: Note: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts…
Q: Which of the following statements is false? * The quantity factor refers to the change in the number…
A: The difference between the actual cost or price and the budgeted (standard) cost or price is…
Q: 4. Using the four-variance approach, what is the volume variance? a. P 6,930 U b. P 13,260 U с. РО…
A: 4. Using the four-variance approach, the volume variance is Volume Variance =…
Q: In regard to the Sales-Volume Variance, which of the following statements is false. A) The…
A: Flexible budget variance is the difference between an actual result and a flexible-budget amount.…
Q: 1. ABC had a P28,000 favorable volume variance, a P25,000 unfavorable variable overhead spending…
A: Comment- We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Type of Variance Amount Analysis Sales Price Variance 4,000 Favorable Cost Volume Variance, 4-way…
A: Cost volume variance when arises when actual cost is not same as standard cost. When actual cost is…
Q: Which type of variance causes operating income to be greater than the budgeted operating income?…
A: The variance causes the operating income to be greater than the budgeted operating income is:
Q: Assume the labor rate variance is $400 unfavorable and the labor spending varlance is $200…
A: Solution. Labor rate variance = $400 Unfavorable Labor spending variance = $200 Unfavorable Labor…
Q: If the Actual o.h. center A.( 275 000)$. Estimated o.h. center A(.350 000)$. the value of Variance…
A: The variance is the difference between the actual data and estimated cost.
Q: If the Actual o.h. ( center A. 350 000)$. Estimated o.h.( center A.(365655)$. the value of Variance…
A: Negative variances are negative variations between two numbers, such as the amount by which actual…
Q: orme Onerom Inc., a multi-product firm, has a Sales Mix Variance of 925 unfavorable and a Final…
A: solution given Sales Mix Variance 925 unfavorable Final Sales Volume Variance 1,780…
Q: Blue Co. wants to analyze its variances in gross profit. The following information was extracted: ·…
A: Given, Actual quantity sold = Budgeted quantity, Budgeted sales = P10,000 And, Actual sales =…
Q: 1 F or 11,111 U Total gross profit variance = Price varianc
A: Price variance refers to the actual unit cost of an item bought deducted from its standard cost and…
Q: Required: (a) Which formula will correctly calculate the direct labour efficiency variance in cell…
A: (a) Direct labour efficiency variance = (26,000 x $48) - (150,000 x $8) = $1,248,000 - $1,200,000 =…
Q: qulred sicate whether each of the following variances Is favorable (F) or unfavorable (U). The first…
A: Standard is the normal or routine price set for a component. While Actual is the actual price or…
Q: If the Actual o.h. ( center A. 300 000)$. Estimated o.h.( center A.(365655)$. the value of Variance…
A: Variance means the difference of actual costs with budgeted costs.
Q: What is the DM Price Variance, given the following info: Actual Costs = 4,600 lbs. at $5.50…
A: Direct Material price variance can be calculated as below Standard price * Actual Quantity - Actual…
Q: What is the total gross profit variance? A. 2,000 favorable B. 2,000 unfavorable C. 1,000…
A: Sales price variance = 4000 (F) Cost volume variance = 3500 (UF) Cost price variance = 2500 (UF)…
Q: Compute the variances in dollar amount and in percentage. (Round to the nearest whole percent.)…
A: Variance: The variance is a measurement of the variability in the data. The formula for calculating…
Q: Variances Spending Efficiency Volume…
A: The difference between the actual and standard costs is defined as variance. The total cost…
Q: A simple variance analysis performed on material costs gives the following results: Price variance…
A: Simple variance analysis is nothing but variance analysis. Variance analysis means calculating the…
Q: Gross Profit Variance
A: The difference between selling price and cost of goods sold per unit gives the gross profit per…
Q: For each of the following independent cases, fill in the missing amounts in the table: (Indicate the…
A: Direct labor rate variance refers to the difference between actual and standard cost of direct labor…
Q: The sales-mix factor shows a variance of: P14,124 favorable P4,125 unfavorable P4,125…
A: Sales Mix Variance shows the variation in actual sales volume from budgeted sales volume which…
Q: Which of the following statements is false? * The sum of the sales volume variance and cost volume…
A: Sales volume variance Analysis Sales volume variance analysis which can be determine to know the…
Q: This year's total sales of Bulldogs Inc. is P4,600,000. The following variances are determined:…
A: Change in sales = Sales price variance + Sales volume variance = 750,000 + (-150,000) = 600,000
Q: This year’s total sales of Bulldogs Inc. is P4,600,000. The following variances are determined: ·…
A: Change in sales = Sales price variance favorable + Sales volume variance unfavorable = 750,000 +…
Q: The cost price factor shows a variance of: a) P95,250 unfavorable b) P61,500 unfavorable c)…
A: Cost Price Variance shows the variation of actual cost of goods from the budgeted cost of goods…
Q: 3. What is the total spending variance? a. P4,000 unfavorable b. P3,000 unfavorable c. P4,000…
A: Spending variance means the difference between the actual spent amounts with budgeted amount. Given…
Q: Which of the following about gross profit variance analysis is most correct? * Gross profit variance…
A: A gross profit analysis involves comparing the gross profit for the period being reviewed to either…
Q: is the DM Quantity Variance, given the following info: Actual Costs = 4,600 lbs. at $5.50 Standard…
A: Direct material quantity variance = (Standard quantity - Actual quantity)×standard rate
Q: Indicate whether each of the following variances is favorable (F) or unfavorable (U). The "None" if…
A: A variance is said to be Favorable when the budgeted revenues are less than actual revenues and…
Q: verify whether variances favorable of unfavorable: budgeted cost at actual volue would be 25344…
A: Wage Rate Variance = (Budgeted Rate-Actual rate) x Actual Hours Labor Efficiency Variance =…
Q: Suppose an investment is equally likely to have a 30% return or a -5% return. The variance on the…
A: 50% of probability of both returns Return 1 = 30% Return 2 = -5%
Q: Which of the following statements in false? * O O There will be a favorable cost volume if the units…
A: solution concept The cost volume variance is favorable the unit sold in this year is less than last…
Q: Calculate the material variances from the following data Material A standard orice per tonne $10…
A: “Since you have asked multiple sub-parts, we will solve the first three sub-parts for you. If you…
Q: Which of the following analysis of variances is true? * A unfavorable sales price variance under the…
A: Cost price variance is the difference between the actual unit cost and the budgeted unit cost,…
Q: Which of the following analysis of variances is true? a. Unfavorable sales volume variance means…
A: Cost price variance is the difference between the actual unit cost and the budgeted unit cost,…
Q: Bulldogs Inc. has the following variances in its gross profit variance analysis repo Type of…
A: Kindly refer the image attached below for solution.
Q: In response to poor sales, the sales manager of As a result, the operating statement at the end of…
A: We need to analyze the reason given for variances.
Q: Direct Materials Variances Bellingham Cormpany produces a product that requires 11 standard pounds…
A: Variance refers to a change between the expected value and the actual result. This term is usually…
Q: What is the materials price variance? (Round per unit calculations to 2 decimal places, e.g. 1.25…
A: Waterways Corporation is using standard costing method to evaluate its manufacturing efficiency. The…
Q: Blue Co. has the following variances gathered from its reports: Analysis 2,000 Unfavorable 3,500…
A: Solution: Total gross profit variance = Favorable cost price variance, 4 way - Unfavorable volume…
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- How much would be needed today to provide an annual amount of $50000 each year for 20 years, at 9% interest each year? a. $546,000 O b. $456,427 O c. $645,000 O d. $456,000Q5 From the following particulars you are required to calculate (a) P/V ratio and (b) Break-even point ( c) Margin of Safety Present sales OMR. 200000 Variable cost OMR. 120000 Fixed cost OMR. 40000 Also calculate the sales required to maintain the profit OMR 65000.Qs Let the selling Price of a product is 200$ and the variable cost is 120$ and the Fixed Cost is 120008 find: . Quantity of Break Even Point. . Break Even Point Revenues in dollar. . The number of product if the operating profitis 24000 a b. c d. The sale value if the expected profit 8000$. = 5=
- Q5 From the following particulars you are required to calculate (a) PIV ratio and (b) Break-even point Le) Margin of Safety Actual sales OMR. 200000 Variable cost OMR. 120000 Fixed cost OMR. 45000 Also calculate the sales required to maintain the profit OMR 72000.using the price p=20 - .05x, use the Revenue function to find the marginal Revenue function R'(x), Find a. R'(100)= b. R'(175)= c. R'(250)= The marginal Revenue R'(x) approximates how the revenue will change on the sale of the next item. a. Given R(100) = 642 and R'(100)= 18 then R(101) ≈ b. Given R(400) = 16,250 and R'(400)= -10 then R(401) ≈ c. Given R(1000) = 3500 and R'(1000) = 3 then R(1001) ≈The income data of SB Kopi for the years 200B and 200A are as follows: 200B 200A Variance Sales 276,000.00 204,000.00 72,000.00 F Cost of Sales 151,800.00 122,400.00 29,400.00 U Gross Profit 124,200.00 81,600.00 42,600.00 Question: the 200B cost price is higher (lower) than the 200A cost price by: (12.745%) (10%) 10% 12.745%
- The income data of SB Kopi for the years 200B and 200A are as follows: 200B 200A Variance Sales 276,000.00 204,000.00 72,000.00 F Cost of Sales 151,800.00 122,400.00 29,400.00 U Gross Profit 124,200.00 81,600.00 42,600.00 Question: If the sales price in 200B is approximately 20% higher that the sales price in 200A, the P72,000 increase in sales may be analyzed into: Sales Price Variance Sales Volume Variance a 46,000 favorable 26,000 unfavorable b 46,000 unfavorable 26,000 favorable c 26,000 favorable 46,000 favorable d 46,000 favorable 26,000 favorable Group of answer choices B A C D Question: The 29,400 increase in cost of sales may be analyzed into: Cost Volume Variance Cost Price Variance a 15,000 favorable…If, Total Fixed cost OMR 32000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. What will be the Margin of safety and profit if actual sales are OMR 85000? Select one: O a. Margin of Safety OMR 10000, Profit OMR 4000 O b. Margin of Safety OMR 26667, Profit OMR 16000 O c. None of the options O d. Margin of Safety OMR 5000, Profit OMR 2000I alrdeady provided the correct answers, please show me the solutions. The income data of Escano Company for the years 200B and 200A are follows: 200B 200A Variance Sales P276,000 P204,000 P72,000 favorable COGS 151,800 122,400 P29,400 unfavorable Gross Profit P124,200 P81,600 P42,600 favorable If the sales price in 200B is approximately 20% higher than the sales price 200A, the P72,000 increase in sales may be analyzed into: P46,000 favorable P26,000 favorable The number of units increased (decreased) by 12.745% The P29,400 increase in cost of sales may be analyzed into:Cost Price Variance Cost Volume Variance P15,600 unfavorable P13,800 favorable The 200B cost price is higher (lower) than the 200A cost price by10%
- 2. You are given the following information: Selling price per unit Variable cost OMR 20 OMR 12 Total fixed cost OMR 96000 (i) Break-even units and value. (ii) Profit and margin of safety when sales would be OMR 400000 Engih nted StatesUsing the data below compute of the following: Contribution margin per unit in 3. 2018, 4. 2019 5. 2020 BEP in sales units in 6. 2018 7. 2019 8. 2020 BEP in peso sales in 9. 2018 10. 2019 11. 2020 What is the required sales in unit for the desired Net profit 12. 2018 13. 2019 14. 2020 2018 2019 2020 Sales per unit Desired profit Fixed costs. P7.50 P9.00 P10.00 P15,000 P28,000 P30,000 360,000 375,000 420,000 Variable cost Cost per unit: Variable cost 2.50 4.00 4.00If Actual sales are OMR 490000, Total Fixed costs OMR 135000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Soloct