Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Budgeted sales price: 24.55 Budgeted contribution margin: 8.25 Actual sales volume 12,550 Actual sales price: 24.8 Actual contribution margin 8.15 What is the sales volume
Budgeted sales price: 24.55 Budgeted contribution margin: 8.25 Actual sales volume 12,550 Actual sales price: 24.8 Actual contribution margin 8.15 What is the sales volume variance? (use a negative number if the variance is favorable) You Answered -1,225 Correct Answer -412.5 margin of error +/- 1 13 Budgeted sales volume: 12,500 Budgeted sales price: 24.55 Budgeted contribution margin: 8.25 Actual sales volume 12,550 Actual sales price: 24.8 Actual contribution margin 8.15 What is the sales volume variance? (use a negative number if the variance is favorable) You Answered -1,225 Correct Answer -412.5 margin of error +/- 1
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started