What the volume variance affecting the gross profit is

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Reference no: EM132812301

2021:

Sales 720,000

Cost of Sales 481,250

Gross profit 238,750

2020:

Sales 600,000

Cost of sales 350,000

GP 250,000

Problem 1: Assuming there was no change in selling price. The volume variance affecting the gross profit is

Reference no: EM132812301

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