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Milltown Company specializes in selling used cars. During the month, the dealership sold 29 cars at an average price of $15,700 each. The budget for
Milltown Company specializes in selling used cars. During the month, the dealership sold 29 cars at an average price of $15,700 each. The budget for the month was to sell 27 cars at an average price of $16,700. Compute the dealership's sales price variance for the month.
Multiple Choice
- $29,000 unfavorable.
- $10,700 favorable.
- $29,000 favorable.
- $33,400 unfavorable.
- $33,400 favorable.
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