i need the answer as soon as possible i prefer it to be in laptop....

60.1K

Verified Solution

Question

Accounting

i need the answer as soon as possible i prefer it to be in laptop. image
Question 2 20 Marks Qpic limited manufacture and sell DSLR cameras. Each year it budgets for its profits, including detailed budgets for sales, material and labour. The departmental managers are allowed to revise their budgets for planning errors. The market for DSLR is shrinking as Mirrorless DSLR cameras are acquiring more market due to better picture quality. ABC Limited has produced the following data relating to DSLR Camera sales for the year. Budget Actual Sales volume 600 500 Sales price OMR 600 OMR 540 The standard variable cost per unit is OMR 400. The total market for the DSLR Camare is estimated in budget is 8000, but actual market has reduced to 6000 units for the period under review. Required: a. Calculate the sales price and total sales volume variance (6 marks) b. Sales volume variance could be divided into sales volume planning and sales volume operational. Analyze the sales volume variance. (show relevant calculations) (6 marks) c. As per your calculations suggest on the sales performance of the business. (8 marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students