Question
A company has the following budgeted and actual sales data: Item Budgeted Actual Units sold 10,000 9,000 Selling price $50 $48 Requirements: (a) Calculate the
A company has the following budgeted and actual sales data:
Item | Budgeted | Actual |
Units sold | 10,000 | 9,000 |
Selling price | $50 | $48 |
(a) Calculate the sales volume variance. (b) Determine the sales price variance. (c) Analyze the reasons for the variances. (d) Discuss the significance of sales variance analysis.
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Principles Of Accounting
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
1st Edition
978-0077300456, 0077300459
