Prepare a gross profit variation analysis for two products.                                                     2021.                                  2020                                          A.                    B.                     A.                     B                                                                                  Sales volume.                  7,000           5,000.                 9,000.               2,500 Unit selling price.           P 6.00.         P. 4.00.                P 7.00.             P 5.00 Unit cost.                       P. 4.00.             2.00                   6.00                 3.00 Determine the following:    a) Volume factor    b) Price factor    c) cost factor    d) sales mix factor

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prepare a gross profit variation analysis for two products.
                                                    2021.                                  2020

                                         A.                    B.                     A.                     B                                                                                 


Sales volume.                  7,000           5,000.                 9,000.               2,500
Unit selling price.           P 6.00.         P. 4.00.                P 7.00.             P 5.00
Unit cost.                       P. 4.00.             2.00                   6.00                 3.00


Determine the following:
   a) Volume factor
   b) Price factor
   c) cost factor
   d) sales mix factor

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