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HI, I see this question was posted on here before however those were not easy to understand. I need help with the top part of
HI, I see this question was posted on here before however those were not easy to understand. I need help with the top part of this graph. I am unsure of the numbers to input as well as if my formulas under Actual sales, flexiable budget, and the budgeted sales (the AQ*AP stuff) is correct. Please answer this showing if the AQ * AP stuff across all three colums is correct along with the nuumbers that go underneath. Thank you so much. Second time I'm posting this. Please help me.
QS 21-20 Computing sales price and volume variances LO A1 Farad, Inc., specializes in selling used SUVs. During the month, the dealership sold 50 trucks at an average price of $9,000 each. The budget for the month was to sell 45 trucks at an average price of $9,500 each. AQ = Actual Quantity SQ= Standard Quantity AP Actual Price SP Standard Price Compute the dealership's sales price variance and sales volume variance for the month Actual Sales Flexible Budget Budgeted Sales AQ AP SQ SP AQ SP $ 9,000 Sales price variance Sales volume variance Total sales variance 0 Unfavorable 0 Favorable FavorableStep by Step Solution
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