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Calculate static-budget variance

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Reference no: EM132601926

Agere Ltd sales three products in the Dembel City centre. The Company Budgeted to sell 10,000 units. The budgeted 10,000 units represent 50% market share. The details for the budgeted and actual data for the year 1996 fiscal year are as follows:

Budgeted Data

Product          SP/u quantity     sales mix        t.revenue          SP/U unit   volume sales mix    T.revenue

A               12             1,000          10%           12,000           10         1,800            15%            18,000

B               20             3,000           30              60,000           25          4,800                           120,000

C                 15               6,000       60                90,000         15           5,400                             81,000

                                      10,000                           162,000                  12,000                            219,000

Required

Question 1. Calculate Static-budget variance.

Question 2. Compute Flexible-budget variance.

Question 3. Compute Sales-volume variance.

Question 4. Compute Sales-mix variance.

Question 5. Compute Sales-quantity variance.

Question 6. Compute Market share and market size variance.

Reference no: EM132601926

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