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Calculate the total sales volume variance (i.e. sales volume variance for net profit) for the scenario mentioned below. We budgeted to sell 50,000 units for
Calculate the total sales volume variance (i.e. sales volume variance for net profit) for the scenario mentioned below. We budgeted to sell 50,000 units for $150,000 net profit. We actually sold 55,000 units for $163,500 net profit. We initially budgeted $89,000 of fixed overhead costs and later incurred $92,349 of fixed overhead costs.
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