The following data pertain to Aurora Electronics for the month of February.
Static Budget. Actual
Units sold ……………………………………10,000 9,000
Sales revenue ………………………………….. $120,000 $103,500
Variable manufacturing cost ………………… 40,000 36,000
Fixed manufacturing cost …………………… 20,000 20,000
Variable selling and administrative cost. … 10,000 9,000
Fixed selling and administrative cost…….. 10,000 10,000
Required: Compute the sales-price and sales-volume variances for February.
Hilton, Ronald. Managerial Accounting: Creating Value in a Dynamic Business Environment (p. 504). McGraw-Hill Higher Education.
ISBN-13: 978-1260566390
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