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  • Jun 1, 2014, 04:28 PM
    babyboy2323
    Problem 21-2 bradley ompany
    Problem 21–2. The Bradley Company has just completed its first year of operations. A condensed income statement follows, showing actual and standard amounts and the variances:
    http://online.vitalsource.com/books/...c21_tb0006.jpg
    Required:
    The president of Bradley Company has asked you as controller for the following data:

    • a. How much of the variance in income was due to the fact that we sold less than expected of Product B and more of Product A?
    • b. What would have happened to income if we had produced the number of units expected? 657658
    • c. What would have happened to the total gross margin variance if we had sold the number of units of both A and B that we expected to sell, but at the actual selling prices per unit?
    • d. What is the variance due to the fact that actual selling prices were less than expected? (Product A sold for $5.50 per unit.)
  • Jun 2, 2014, 05:21 AM
    paraclete
    well what's stopping you this is basic variance analysis

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