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Planned sales are 10,000 units at $7.00 per unit. Actual sales are 11,000 units at $6.50 per unit. Which of the following statements is false?
Planned sales are 10,000 units at $7.00 per unit. Actual sales are 11,000 units at $6.50 per unit. Which of the following statements is false?
a. The total revenue variance is unfavorable.
b. The revenue volume variance is favorable.
c. The revenue price variance is unfavorable.
d. The revenue volume variance is $7,000.
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