This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking. Bloom Limited was the subject of the following press story: “Bloom is proud to announce that it has managed to maintain its market share despite an overall increase in the market size by 10%.” However, the sales director when challenged, by this journalist recently admitted having been forced to reduce prices by $1.50 per bunch on average on a budget volume of 12,000 bunches. All is not as rosy as it seems in Bloom’s garden! If the standard variable cost of a bloom bunch of flowers is $20 and the standard contribution gained is $5 what is the adverse sales price variance?
【参考答案及解析】
The sales price variance is $19,800 Adv AQ × AP = 13,200 × 23.50 = 310,200 AQ × SP = 13,200 × 25.00 = 330,000 Price variance = 19,800 Adv
The sales price variance is $19,800 Adv AQ × AP = 13,200 × 23.50 = 310,200 AQ × SP = 13,200 × 25.00 = 330,000 Price variance = 19,800 Adv