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(Answers with explanation) Question Last month a company budgeted to sell 8,000 units at a price of $12.50 per unit. Actual sales last month were
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Last month a company budgeted to sell 8,000 units at a price of $12.50 per unit. Actual sales last month were 9,000 units giving total sales revenue of $117,000.
What was the sales price variance for last month?
- $4,000 favourable
- $4,500 adverse
- $4,000 adverse
- $4,500 favourable
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