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Piney Creek Manufacturing Company produces high-end extreme weather tents. Piney Creek has established the following budget for its producing XWT model for the most recent
Piney Creek Manufacturing Company produces high-end extreme weather tents. Piney Creek has established the following budget for its producing XWT model for the most recent month.
Master Budget Actual Results
Number of tents sold 50 60
Sales price per tent $650 $635
Variable cost per tent $250 $240
Fixed costs $10,000 $ 10,000
a. What is Piney Creek's total profit variance for the most recent month?
b. Calculate Piney Creek's sales volume variance for the month
c. Calculate Piney Creek's sales price variance for the month
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