Answered step by step
Verified Expert Solution
Question
1 Approved Answer
For questions 10-12 use the following formulas: (Planned Selling Price per Unit - Actual Selling Price per Unit) Actual Units Sold (Planned Units Sold -
For questions 10-12 use the following formulas: (Planned Selling Price per Unit - Actual Selling Price per Unit) Actual Units Sold (Planned Units Sold - Actual Units of Sales) Planned Sales Price A10. Winston company accumulated the following revenue data for the month of October. Based on this information, what was the revenue price variance for Winston company in the month of October? Planned Sales price per unit Number of units sold 12.00 80,000 a. $180,000 Unfavorable b. $180,000 Favorable c. $95,000 Unfavorable Actual 11.00 95,000 d. $95,000 Favorable 11. Using the data from question 16, what was the revenue volume variance for Winston company in the month of October? a. $180,000 Unfavorable b. $180,000 Favorable c. $95,000 Unfavorable d. $95,000 Favorable C) 12. Using the data from question 16, what was the total sales (revenue) variance for the month? a. $260,000 Favorable b. $260,000 Unfavorable c. $85,000 Unfavorable d. $85,000 Favorable
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