Question
Budgeting and Variance Analysis for Sales Volume and Sales Mix : A company prepares a flexible budget for sales volume and sales mix variance based
Budgeting and Variance Analysis for Sales Volume and Sales Mix: A company prepares a flexible budget for sales volume and sales mix variance based on the following information:
Budgeted sales volume: 10,000 units
Budgeted selling price per unit: $80
Actual sales volume: 9,800 units
Actual selling price per unit: $85
Actual product mix: Product A (60%) and Product B (40%) Calculate the sales volume variance and sales mix variance.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
1259631125, 978-1259631122
