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For the year, Logitom planned to sell 1,104,000 units at a $39 selling price. The marketing manager was asked to explain why budgeted revenue had

For the year, Logitom planned to sell 1,104,000 units at a $39 selling price. The marketing manager was asked to explain why budgeted revenue had not been achieved for that year. Investigation revealed the following information:

Actual sales volume 1,135,200 units
Actual selling price $38 per unit

Calculate the sales price variance, the sale volume variance, and the total revenue variance. Note: Do not use a negative sign with your answers.

Sales price variance FavorableUnfavorableNeither favorable or unfavorable
Sales volume variance FavorableUnfavorableNeither favorable or unfavorable
Total revenue variance FavorableUnfavorableNeither favorable or unfavorable

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