Compute the following variances from the data given below.
I. Total sales margin variance
II. Sales margin volume variance
III. Sales margin price variance
IV. Sales margin quantity [sub volume] variance.
|
Product |
Budgeted |
Actual |
Budgeted |
Actual Sale |
Standard Cost |
|
X |
240 |
400 |
Rs.50 |
Rs.45 |
Rs.30 |
|
Y |
160 |
200 |
25 |
20 |
15 |