How much is the gross profit variation due to sales quantity

Assignment Help Accounting Basics
Reference no: EM132913158

Problem - If the sales this year amounted to P276,000, sales this year at last year's price is P230,000, the cost of sales this year is P190,000, and the cost of sales this year at last year's price is P180,000. How much is the gross profit variation due to sales quantity factor?

Reference no: EM132913158

Questions Cloud

Explain the kind of banker -customer relationship : Muriuki, Jane and Ochuodho are trustees of a trust account at Sidian Bank. Explain the kind of banker -customer relationship
How responsibilities are connected to the security : Who are the key leaders of the organization specific to how their responsibilities are connected to the security of the organization's information?
What is the difference between mixing light and mixing paint : What is the difference between mixing light and mixing paint/pigments? How many points will be needed to generate such a line?
Herzberg two-factor theory of motivation : Compare and contrast the idea of extrinsic and intrinsic rewards with Herzberg's Two-Factor Theory of motivation.
How much is the gross profit variation due to sales quantity : The cost of sales this year at last year's price is P180,000. How much is the gross profit variation due to sales quantity factor
Why is setting investment goals so important : Why is setting investment goals so important
What is the business that you will be owning : You are starting a new business. Provide information for the following: What is the business that you will be owning
What roles of line management and social network : Review the Roles of Line Management and Social Network and Information Technology sections. Note the various roles in the organization
What is an artificial neural network : Compare artificial and biological neural networks. What aspects of biological networks are not mimicked by artificial ones? What aspects are similar?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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