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Question 21 (4 points) Bora Bora Company had the following results for 2023: Actual sales: 40,000 units sold at $ 46/unit. Budgeted sales: 34,000 at

Question 21 (4 points)

Bora Bora Company had the following results for 2023:

Actual sales: 40,000 units sold at $ 46/unit. Budgeted sales: 34,000 at $51/unit.

Required:

1. Record the total revenue which would appear under: (a) Actual Results, (b) Flexible Budget, and (c) Master Budget.

2. Calculate the sales price variance and the sales volume variance.

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