The actual price per unit and price per unit estimated in the plan are $15 and $20, respectively. The actual volume of units produced is 25,000 units. Calculate the price variance

A) $125,000
B) -$125,000
C) $500,000
D) -$375,000
E) $375,000


B

Business

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Under the perpetual inventory system, a physical count shows a $90.00 overage. How would the overage be entered into the journal and how would it be stated on the income statement?

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Business