7. How much is the sales price-volume variance?* 1 point Gross Profit Last Year Gross...

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7. How much is the sales price-volume variance?* 1 point Gross Profit Last Year Gross Profit This Year P 861,250 900,000 Change in units sold last year Units Sold 650 50 P 100 Change in sales price Change in cost price 75 Excerpt from the four-way analysis: Sales Quantity Variance - Unfavorable P 245,000 Cost Price Variance - Favorable 45,000 Cost Quantity Variance - Favorable 178,750 Your answer 8. How much is the sale mix variance?* 1 point Product A 2018 2019 Product B 2018 2019 Product C 2018 2019 Average 2018 2019 Sale Price 120.00 110.00 200.00 240.00 500.00 540.00 182.00 208.75 Cost per Unit 70.00 65.00 120.00 149.00 300.00 320.00 108.00 125.00 Gross Profit 50.00 45.00 80.00 91.00 200.00 220.00 74.00 83.75 Product A 2018 2019 Product B 2018 2019 Product C 2018 2019 Total 2018 2019 Units Sold 1,200 1,500 600 500 200 400 2,000 2,400 Your

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