Question
Milltown Company specializes in selling used cars. During the month, the dealership sold 25 cars at an average price of $15,300 each. The budget for
Milltown Company specializes in selling used cars. During the month, the dealership sold 25 cars at an average price of $15,300 each. The budget for the month was to sell 23 cars at an average price of $16,300. Compute the dealership's sales price variance for the month.
Multiple Choice
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$25,000 unfavorable.
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$10,300 favorable.
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$25,000 favorable.
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$32,600 unfavorable.
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$32,600 favorable.
Claremont Company sells refurbished copiers. During the month, the company sold 185 copiers for total sales of $573,500. The budget for the month was to sell 180 copiers at an average price of $3,300. The sales price variance for the month was:
Multiple Choice
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$20,500 unfavorable.
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$20,500 favorable.
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$37,000 unfavorable.
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$33,000 unfavorable.
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$37,000 favorable.
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