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26-5X75,000 347,500 Question 2 (2 points) Hamilton Bay produces a single product. The budget going into the current year anticipated a selling price of $30

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26-5X75,000 347,500 Question 2 (2 points) Hamilton Bay produces a single product. The budget going into the current year anticipated a selling price of $30 per unit. Because of competitive pressures, the company had to cut selling prices by 5% during the year Budgeted variable costs per unit are $15, and budgeted fixed costs are $100,000 for the year. Anticipated sales volume was 5,000 units. Actual sales volume was 5% more than budgeted. What was the sales price variance for the year? .304750

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