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Question about standard marginal costing system

Forums › ACCA Forums › ACCA MA Management Accounting Forums › Question about standard marginal costing system

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by Munaifa.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • April 1, 2015 at 12:00 pm #239798
    Anonymous
    Inactive
    • Topics: 1
    • Replies: 1
    • ☆

    A company uses a standard costing system. the following figures are available for the last accounting period in which the profit has $124,000.
    sales volume contribution variance $9,000 favourable
    sales price variance $8,000 adverse
    Total variable cost variance $13,000 favourable
    Fixed cost expenditure variance $4,000 adverse

    what has the standard profit for the actual sales in the last accounting period?

    a) $125,000
    b) $123,000
    c) $134,000

    April 27, 2015 at 6:35 am #242871
    Munaifa
    Member
    • Topics: 3
    • Replies: 2
    • ☆

    The answer is B.

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    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Question about standard marginal costing system’ is closed to new replies.

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