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Commerce · Q500

Costing

Graduate and Post Graduate · Commerce · question 500

Q500

If actual selling price is 500, actual result is 250 and actual units sold are 350, then selling price variance will be

A.
$87,500
Answer
B.
$97,500
C.
$67,500
D.
$57,500

Answer: Option A

Solution

Answer: Option A
Solution:
Selling price variance = Actual result × Actual units sold
= 87,500
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