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In its annual profit budget, Alpha Division budgeted product A's sales volume at 24,000 units. Product A's budgeted price was $72 per unit; its standard
In its annual profit budget, Alpha Division budgeted product A's sales volume at 24,000 units. Product A's budgeted price was $72 per unit; its standard cost was $43 per unit. Actual sales of product A turned out to be $1,658,250 for a volume of 22,000 units.
Determine Alpha Division's gross margin variances.
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