Raging Sage Coffee is a franchise that sells cups of coffee from carts in shopping centres. A computerized standard costing system is provided as a part of the franchise package. A portion of the standard cost data follows: In its first month of operation, the Winnipeg franchise recorded the following data: The company's policy is to record materials price variances at the time materials are purchased. (d) Your answer is partially correct. How many cups of coffee did the franchise owners expect to sell this period? Compare this estimate to the number actually sold. Expect to sell 12000 cups Difference between expected volume and actual volume \begin{tabular}{||r||} \hline \hline 3740 \\ \hline \end{tabular}