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Cool Beans is a locally owned coffee shop. The coffee shop plan and actual sales are as follows: Planned Actual Sales (Units) 29,362 34,526 Marketing

Cool Beans is a locally owned coffee shop. The coffee shop plan and actual sales are as follows:

Planned Actual
Sales (Units) 29,362 34,526
Marketing Costs 3,869
Selling Price 5.50 4.85
Variable Costs 1.23

What was the value (in $) of Cool Beans volume variance?

Hint: How much more (or less) would Cool Beans have earned if they realized their planned margin?

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