Solution-Using the information in the table below calculate

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Using the information in the table below, calculate the amount of the favorable price variance.

Budgeted Actual Volume Cost per unit Cost

200,000 $40 $8,000,000

190,000 $37 $7,030,000

January 1 2010 purchased patent for 2000000 the patent had : banana corporation had the following transactions relating to a patentjanuary 1 2010 purchased patent for 2000000. the

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Using the information in the table below calculate the : using the information in the table below calculate the amount of the favorable price variance.budgeted actual

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