A company is reviewing actual performance to budget to see where there are differences. The following standard information is relevant:
|
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|
|
|
Selling |
50 |
|
Direct materials |
4 |
|
Direct labour |
16 |
|
Fixed production overheads |
5 |
|
Variable production overheads |
10 |
|
Fixed selling costs |
10 |
|
Variable selling cost |
1 |
|
Total costs |
37 |
|
Budgeted sales units |
3000 |
|
Actual sales units |
3500 |
What was the favourable sales volume variance using marginal costing?
|
A |
£9500 |
|
B |
£7500 |
|
C |
£7000 |
|
D |
£6500 |
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