The sales manager of a company that produces and sells three products A, B and C, provides you the following information for the month of August.
Budgeted sales
|
Product |
Units Sold |
Selling Price Per Unit |
Standard Margin |
|
A |
1,000 |
15 |
8 |
|
B |
1,000 |
10 |
5 |
|
C |
1,000 |
8 |
2 |
Actual sales
|
A |
800 units for Rs. 9,600. |
|
B |
1,200 units for Rs. 10,800. |
|
C |
1,500 units for Rs. 13,500. |
You are required to calculate the following sales variances on the basis of profit:
- Sales-price variance
- Sales-volume variance
- Sales-mix variance
- Sales-quantity variance