Accounting Rate of Return

8. A company in U.S. sells a product with the following unit standard cost card: 50 Selling price Variable cost 20 - Contribution Margin 30 - This card is based on budgeted sales of 1,600 units, and the budgeted fixed cost is $10 per unit. Actual selling price was $52, unit variable costs were $26 and unit fixed cost $7. Actual sales were 1,700 units were made. The company currently uses absorption costing. What was the sales volume variance? a. $2,400 (A) $2,000 (F) $2,800 (F) $2,000 (A) b. C. d. 69