Solution-Calculate october total sales price variance

Calculate october total sales price variance

Reference no: EM133067600

Question - Husky Pub purchases its signature ale from a local custom brewery for $250 per keg. Husky can pour 120 pints per keg and sells them for $8 each. The pub budgeted to sell 1, 440 pints in October but actually sold 1,420. It used 12.5 kegs in October and earned revenue of $11,218.

Required -

a) Calculate October's total sales price variance.

b) Calculate October's cost variance for ale.

c) Calculate October's quantity variance for ale.

d) Calculate the total flexible budget variance.

Reference no: EM133067600

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Calculate october total sales price variance

Reference no: EM133067600

Reference no: EM133067600

Questions Cloud

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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