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Standard costing- Areas of difficulty

Eexcel711y ago
Hi Moffat, Thks a lot for this platform. Kindly help solve this problem- Budgeted sales for product X in January are 5,000 units at a standard selling price of $12 per unit. The standard variable cost of X is $8 per unit. Actual selling price in January is $13 per unit, resulting in a sales price variance of $8,000 favourable. What is the favourable sales volume contribution variance in January?
John MoffatJohn MoffatTutor11y ago#1
Please do not ask the same question twice! I have answered your other post of this question.
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