present three variances: (1) the $ change in profit due solely to me selling more or less units (i.e., sales revenue volume variance), (2) the $ change in profit due solely to me selling units at a higher or lower price (i.e., sales revenue price variance), and (3) the $ change in profit due solely to me producing more or less units (most similar to direct materials production volume variance). Cups Price Cups Sold Produced Profit professor $1.35 student $1.00 105 200 126 210 Price $105.75 $140.00

present three variances: (1) the $ change in profit due solely to me selling more or less units (i.e., sales revenue volume variance), (2) the $ change in profit due solely to me selling units at a higher or lower price (i.e., sales revenue price variance), and (3) the $ change in profit due solely to me producing more or less units (most similar to direct materials production volume variance). Cups Price Cups Sold Produced Profit professor $1.35 student $1.00 105 200 126 210 Price $105.75 $140.00

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 19E: Data for Torleson Company are as follows: Required: 1. Calculate the sales price variance. 2....

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