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A company uses standard marginal costing.Last month the standard contribution on actual sales was $10,000 and the following variances arose:
total variable costs variance $2,000 (A)
sales price variance $500 (F)
sales volume contribution variance $1,000 (A)What was the actual contribution?
can i know the answer with the working and explanation please
There is no point in simply asking questions and wanting the answer.
Presumably the book in which you found the question also has an answer. You should say where you have problems understanding the answer and then I will try and help.
(If you do not have the answers because it is homework, then we are certainly not here to do your homework 🙂 )
Have you watched the free lectures on this?
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