- This topic has 1 reply, 1 voice, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
budgeted volume ( production and sales) = 17200 units
actual volume ( production and sales) = 18600 units
actual total variable cost = $ 383160
variable cost variance = $ 9300 (adverse)
calculate standard variable cost per unit ?
Why are you attempting a question for which you do not have an answer? You should be using a Revision Kit from one of the ACCA Approved Publishers – they have answers and workings!!
The standard total variable cost for the actual production must have been 383,160 – 9,300 = $373,860.
Given that they actually produced 18,600 units, the standard variable cost per unit must be 373,860 / 18,600 = $20.10.