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Presented is information pertaining to an item sold by Winding Creek General Store: Actual Budget Unit sales 135 110 Unit selling price $29 $24 Unit
Presented is information pertaining to an item sold by Winding Creek General Store:
Actual | Budget | |
---|---|---|
Unit sales | 135 | 110 |
Unit selling price | $29 | $24 |
Unit standard variable costs | (20) | (20) |
Unit contribution margin | $9 | $4 |
Revenues | $3,915 | $2,640 |
Variable costs | (2,700) | (2,200) |
Contribution margin at standard costs | $1,215 | $440 |
Compute the revenue, sales price, and the sales volume variances.
Revenue variance Sales price variance Sales volume variance
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