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As the bakery manager at the local grocery store, William monitored the mix of products most popular with consumers. Just two years earlier, this store
As the bakery manager at the local grocery store, William monitored the mix of products most popular with consumers. Just two years earlier, this store sold eight loaves of bread for each package of buns sold. Today, the ratio is closer to six to one, bread to buns. William isn't sure why tastes or buying behavior have changed, but it's significant, so his purchasing behavior has changed accordingly. For the year just ended, the bakery department budgeted for sales of 9,460 loaves of bread and 1,540 packages of buns. Actual sales were 8,900 loaves of bread and 1,100 packages of buns. Budgeted selling price and variable cost per unit for each were as follows. This year, the bread actually sold for $2.07 per loaf, while the package of buns sold for $2.91. (a1) Your answer is partially correct. Determine the bakery's sales price variance this year, noting the amount and sign. (Round answer to 2 decimal places, e.g. 15.25.) As the bakery manager at the local grocery store, William monitored the mix of products most popular with consumers. Just two years earlier, this store sold eight loaves of bread for each package of buns sold. Today, the ratio is closer to six to one, bread to buns. William isn't sure why tastes or buying behavior have changed, but it's significant, so his purchasing behavior has changed accordingly. For the year just ended, the bakery department budgeted for sales of 9,460 loaves of bread and 1,540 packages of buns. Actual sales were 8,900 loaves of bread and 1,100 packages of buns. Budgeted selling price and variable cost per unit for each were as follows. This year, the bread actually sold for $2.07 per loaf, while the package of buns sold for $2.91. (a1) Your answer is partially correct. Determine the bakery's sales price variance this year, noting the amount and sign. (Round answer to 2 decimal places, e.g. 15.25.)
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