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[3.34/4 Points] DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Question 1: Sales price variance, sales volume variance and fixed cost variance Price
[3.34/4 Points] DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Question 1: Sales price variance, sales volume variance and fixed cost variance Price Sales volume in units Unit VC Fixed costs Budgeted Actual $400 $450 50 45 $200 $220 $200,000 $220,000 a) Without computations, characterize the following variances as favorable or unfavorables sales price variance OF OU sales volume variance OF OU fixed cost variance OF OU b) Compute the following variances. Enter favorable variances as a positive number and unfavorable variances as a negative number. Do NOT enter For U after the number sales price variance - $ 2250 sales volume variance $ -2000 X fixed cost variance $ -20000
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