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Is this right? Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 20X (000s omitted) follow: Pam
Is this right?
Springwater Brewery has two main products: premium and regular ale. Its operating results and master budget for 20X (000s omitted) follow: Pam Kuder, CEO, expected the total industry sales to be 1,625,000 barrels during the period. After the year, Mark Goldfeder, the controller, reported that the total sales for the industry were 1,680,000 barrels. ielling price variances for the period for each product and for the firm. Sales volume variances for the period for each product and for the firm. Sales quantity variances for each product and the firm. \begin{tabular}{l|cr|r|} Selling price variance - Premium & $ & 2,100 & Favorable \\ \hline Selling price variance - Regular & $ & 3,150 & Unfavorable \\ \hline Total selling price variance & $ & 1,050 & Unfavorable \\ \hline Sales volume variance - Premium & $ & 7,500 & Unfavorable \\ \hline Sales volume variance - Regular & $ & 28,800 & Unfavorable \\ \hline Total sales volume variance & $ & 21,300 & Favorable \\ \hline Sales quantity variances - Premium & $ & 11,400 & Unfavorable \\ \hline Sales quantity variances - Regular & $ & 13,680 & Favorable \\ \hline Total sales quantity variance & $ & 25,080 & Favorable \end{tabular}
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