User Account

All Pages

Find and calculate the revenue price variance of abc

Assignment Help Managerial Accounting
Reference no: EM132721612

Problem 1: ABC co. had 2 products A and B. These products are substitutes. A had a sales price of Rs. 10 and B had a sales price of Rs. 8. Budgeted sales of A was 100 units and Budgeted sales of B was 80 units. Actual sales of A was 80 units at Rs. 8 and actual sales of B was 100 units at Rs. 10. Calculate the revenue price variance of ABC.

Option 1: Rs. 360 favourable

Option 2: Rs. 0 (no variance)

Option 3: Rs. 540 favourable

Option 4: Rs. 360 unfavourable

Reference no: EM132721612

Questions Cloud

Construct the journal entries required by the transactions : The agreement between the two companies was. Prepare the journal entries required by the transactions on the books of Cullumber Manufacturing.
Prepare journal entries to record harvesting of the produce : Picking and packing costs amounted to $16,000. Prepare the journal entries to record the harvesting of the agricultural produce from the biological asset
Does the concept of the relevant range apply to fixed costs : Does the concept of the relevant range apply? What is the difference between a traditional format income statement and a contribution format income statement?
What does it mean to be an adult in american society : What does it mean to be an adult in American society? For example, what behaviors are expected, and how do you determine whether a person
Find and calculate the revenue price variance of abc : Calculate the revenue price variance of ABC. ABC co. had 2 products A and B. These products are substitutes. A had a sales price of Rs. 10
Calculate the non-controlling interest in net income : Paterson Company purchased 70% of the common stock of Smith Company for $420,000. Calculate the non-controlling interest in net income for 2020
Demonstrate how much is the stock worth : Demonstrate how much is this stock worth to you? Riverhawk Sport Authority (RSA) will pay a dividend of $7 for each of the next 3 years, $8 for each of the year
What is each lunch appointment worth : If three luncheon appointments per week produce two bookings, then what is each lunch appointment worth? (use the average booking revenue of $6,500).
Compute what is maturity risk premium for two year security : Find What is the maturity risk premium for the 2-year security? The real risk-free rate is 3%, and inflation is expected to be 2% for the next 2 years. A 2-year

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What was the amount of actual sales

Lankau Company was 25%, fixed costs were $2,325,000, and variable costs were 60% of sales, what was the amount of actual sales (dollars)?

  How your chosen method of calculating product cost

ACC/ACF2200 Introduction to Management Accounting Assignment. Using the detail in the case, describe how your chosen method of calculating product cost will be beneficial within Mal Ltd. and have relevance to management

  Consider the following actions of a college

Consider the following actions of a college trying to manage the costs of its library.

  Compute the unit product cost that would appear on the job

Job 243 was recently completed. Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places.)

  Construct a statement of cost of goods manufactured

Depreciation expense,Make a statement of cost of goods manufactured and an income statement for Huntersville for the year ended December 31.

  Prepare jersey boy contribution margin income statement

Use the shortcut unit contribution margin approach to compute the number of shows needed annually to earn a profit of $3,078,000. Is this goal realistic? Give your reason.

  Prepare a memo to the president of eec

Which of the techniques (NPV, IRR, or payback period) is the most useful tool to use - Which of the techniques is the least useful tool to use

  What is the monthly margin of safety in dollars

If the inn plans on renting 29 rooms per day (assuming a 30-day month), what is the monthly margin of safety in dollars and the margin of safety ratio?

  Determine decrease of annual profits from belmont

Direct materials $ 5.00. Determine in dollars, the increase or decrease of annual profits from Belmont accepting the offer of the outside supplier.

  Calculate the amount fresh cut paid for goodwill

Calculate the amount Fresh Cut paid for goodwill - Fresh Cut Corporation purchased all the outstanding common stock of Premium Meats for $12,600,000 in cash.

  Find what appropriate activity cost driver for the pharmacy

What the appropriate activity cost driver for the pharmacy cost pool. Community Hospital is beginning to implement an activity-based costing system

  Find how much cash will decrease during the month of march

Determine how much cash will increase during the month of March. Adelphi Company has budgeted activity for March to reflect net income $170,000.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd