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

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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