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How much is the sales price variance

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Question - Bulldogs inc. expected to sell in October 2021 1,000 units of Deli laptops with a purchase cost per unit of PHP55,000, and expected to earn a gross profit per unit of PHP10,000. At the end of the month, after selling 100 more units, it reported a shortfall in actual gross profit by PHP1.20 million partly because purchase cost increased by PHP1,000 per unit. How much is the sales price variance?

Reference no: EM133147338

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