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Marbles Company sells two products - Deluxe and Ultra. The following information was gathered about the two products: Deluxe. Ultra Budgeted sales in units 3,200
Marbles Company sells two products - Deluxe and Ultra.
The following information was gathered about the two products:
Deluxe. Ultra
Budgeted sales in units 3,200 800
Budgeted selling price (unit) $300 $850
Actual sales in units 3,500 1,500
Actual selling price (unit) $325 $840
Required
Calculate the three main revenue variances for the Deluxe product.
Be sure to label the variances by name, as well as "favorable" or "unfavorable."
If there is insufficient information to calculate any of the variances, please denote that clearly.
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