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book Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen cover

Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen

النسخة 1الرقم المعياري الدولي: 978-0538736787
book Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen cover

Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen

النسخة 1الرقم المعياري الدولي: 978-0538736787
تمرين 3
PRICING STRATEGY, SALES VARIANCES
Hanadarko, Inc., manufactures and sells three products: K, M, and P. In January, Hanadarko, Inc., budgeted sales of the following.
PRICING STRATEGY, SALES VARIANCES  Hanadarko, Inc., manufactures and sells three products: K, M, and P. In January, Hanadarko, Inc., budgeted sales of the following.     At the end of the year, actual sales revenue for Product K and Product M was $5,600,000 and $3,270,000, respectively. The actual price charged for Product K was $50 and for Product M was $20. Only $10 was charged for Product P to encourage more consumers to buy it, and actual sales revenue equaled $600,000 for this product. Required:  1. Calculate the sales price and price volume variances for each of the three products based on the original budget. 2. Suppose that Product P is a new product just introduced during the year. What pricing strategy is Hanadarko, Inc., following for this product?
At the end of the year, actual sales revenue for Product K and Product M was $5,600,000 and $3,270,000, respectively. The actual price charged for Product K was $50 and for Product M was $20. Only $10 was charged for Product P to encourage more consumers to buy it, and actual sales revenue equaled $600,000 for this product.
Required:
1. Calculate the sales price and price volume variances for each of the three products based on the original budget.
2. Suppose that Product P is a new product just introduced during the year. What pricing strategy is Hanadarko, Inc., following for this product?
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Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
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