Determine unit cost factor for variable cost of goods sold

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Problem - Contribution margin analysis - The actual variable cost of goods sold for a product was $70 per unit, while the planned variable cost of goods sold was $68 per unit. The volume increased by 1,200 units to 7,000 actual total units.

Required -

(a) Determine the variable cost quantity factor.

(b) Determine the unit cost factor for variable cost of goods sold.

Reference no: EM132685821

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