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ACCA, 2014 sample question (modified) I need help please

Forums › ACCA Forums › ACCA MA Management Accounting Forums › ACCA, 2014 sample question (modified) I need help please

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
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  • March 6, 2020 at 12:58 am #564487
    idris29
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    A company has recorded the following variances for a period:

    Sales variance $10,000 adverse
    Sales price variance $5,000 favorable
    Total cost variance $12,000 adverse.

    What was the fixed budget profit for the period?

    March 6, 2020 at 8:22 am #564514
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54699
    • ☆☆☆☆☆

    Either you have not typed out the whole question or there is a typing mistake in whichever book you are using.

    There is not enough information to be able to calculate the original fixed budget profit!!

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