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Gross profit analysls. The Summers Sporting Goods Shop presents the following data for two of racquetbal, gloves leather and fabric. for 19 and 19B 198 Per 194 Per UnitsUnit Amount Units Unit Amount Sales Leather racquetball gloves8. $8.00 $64,00012.000 $10.00 $120,000 Fabric racquetball gloves 8.000 40 32.000 20.000 6.00120.000 240,000 $96,000 Cost of goods sold: Leather racquetball gtoveS Fabric racquetball glove 000 $8.00 $48.000 12,000 $ 9.00 $108,000 8,000 300 4.000 20000 00 100.000 208,000 16.000 $10 $24.000 32000 100 $ 32.000 $72,000 Gross profit. Required: (1) The price and volume variances for sales and cost (2) The sales mix and final sales volume variances. EXERCISES Gross profit analysis. A cost analyst of the Memphis Company has prepared a monthly gross ofit analysis, comparing actual to budget for its two products, Alco and Bacco. June budget and ctual data show SALES Unit Price Amount COST OF GooDs SOLD GROSS PROFIT Per Unit Unit Cost Units Amount Amount Budget: 8,000 $20.00 $160,000 $16.00 $128,000 $4.00 58,800 12.0 $32,000 8,400 12,200 $17.9344 $218,800 $14.6229 $178.400 $3.3115 $40,400 $33,750 50,400 2.00 Total budge Actual Alco 7,500 $21.00 $157,500 $16.50 $123,750 $4.50 60,750 11.50 51,750 2.00 9,000 Weighted average equired: (1) The price and volume variances for sales and cost (2) The sales mix and final sales volume variances Gross profit analysis. The Summers Sporting Goods Shop presents the following data for two

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