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From the info in the variance chart below, tell me the dollar variance for Sales (total sales, sales volume and sales price) and Cost of
From the info in the variance chart below, tell me the dollar variance for Sales (total sales, sales volume and sales price) and Cost of Goods Sold (total COGS, usage and materials cost). Also tell me whether the variances are favorable or unfavorable and whos likely responsible for them. I have already updated COGS for you. Show your work.
| Budgeted | Actual | ??? | $ Var? | Fav/Unfav and Discussion | |
| Sales | 300000 | 325000 |
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| Volume | 12000 | 12500 |
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| Price | 25 | 26 |
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| ' ' COGS | ' ' 156250 | ' ' 168000 |
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| Usage per | 5 | 4.8 |
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| Cost | 2.5 | 2.8 |
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| ??? | ??? | ??? |
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