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budget Budgeted Selling Price Budgeted Variable Cost Budgeted Sales Volume Actual Sales Volume Tables 200 84 4,200 6,000 Wall Units 300 129 17,000 18,000 TOTAL
budget | Budgeted Selling Price | Budgeted Variable Cost | Budgeted Sales Volume | Actual Sales Volume |
Tables | 200 | 84 | 4,200 | 6,000 |
Wall Units | 300 | 129 | 17,000 | 18,000 |
TOTAL | 21,200 | 24,000 |
Parker Company has a furniture division that sells tables and wall units. The following is the companys budget and actual results for the year: Parker Co. The market size for tables and wall units combined was forecast at 132,500 units. Parker expected to have a 16% market share. The actual industry market size was 160,000 units.
Required: Calculate the revenue variances for Parker Company furniture division:
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