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Bell Corporation is a wholesaler that sells a single product at $103.40 per unit. Its cost analyst has collated the essential data for the gross

Bell Corporation is a wholesaler that sells a single product at $103.40 per unit. Its cost analyst has collated the essential data for the gross profit analysis, comparing actual to budget for its product. The actual and budget information for the month of March of the current year is presented below:

Actual

Budgeted

Sales Volume (units)

5,000

6,000

Cost of Goods Sold

$315,500

$378,600

Present the gross profit variance analysis.

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