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E 6-13 Revenue Variances Telling Time is a watch retailer. It sells two types of watches: digital and analog. The results for the third
E 6-13 Revenue Variances Telling Time is a watch retailer. It sells two types of watches: digital and analog. The results for the third quarter for Telling Time are as follows: Expected sales in units Expected sales price Actual sales in units Actual total sales revenue Digital Analog 400 500 $50 $75 375 530 $19,500 $38,955 1. Calculate the sales price variance and the sales volume variance for digital watches. 2. Calculate the sales price variance and the sales volume variance for analog watches.
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