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MAC3701 Assignment 2 Full Solutions Semester 2 2024 - DUE 9 September 2024 $2.71   Add to cart

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MAC3701 Assignment 2 Full Solutions Semester 2 2024 - DUE 9 September 2024

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MAC3701 Assessment 2 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024 - DUE 9 September 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... QUESTION 1 (100 Marks; 180 Minutes) The Company in...

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MAC3701
ASSIGNMENT 2 SEMESTER 2 2024
UNIQUE NO.
DUE DATE: 9 SEPTEMBER 2024

, MAC3701

Assessment 2 Semester 2 2024

DUE DATE: 9 September 2024

Application of Management Accounting Techniques

Part A (20 Marks; 36 Minutes)

A-a) Sales Volume Variance

Sales Volume Variance Formula:

Sales Volume Variance=(Actual Sales−Budgeted Sales)×Budgeted Contribution per Uni
t

For the Deluxe product:

 Budgeted sales: 57,200 units
 Actual sales: 75% of 57,200 = 42,900 units
 Budgeted contribution per unit: R8,400

Deluxe Sales Volume Variance=(42,900−57,200)×8,400=(−14,300)×8,400=−R120,120,
000

For the Elite product:

 Budgeted sales: 25,800 units
 Actual sales: 62,500 total sales - 42,900 Deluxe = 19,600 units
 Budgeted contribution per unit: R8,700

Elite Sales Volume Variance=(19,600−25,800)×8,700=(−6,200)×8,700=−R53,940,000

Total Sales Volume Variance:

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