Question
Revenue variances Dickinsen Company gathered the following data for December: Planned Actual Sales price per unit $5.80 $6.00 Number of units of sales 820,000 805,000
Revenue variances
Dickinsen Company gathered the following data for December:
| Planned | Actual | |
| Sales price per unit | $5.80 | $6.00 |
| Number of units of sales | 820,000 | 805,000 |
| Total sales | $4,756,000 | $4,830,000 |
Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
a. Compute the revenue price variance.
| ________ | Favorable/UnfavorableFavorable |
b. Compute the revenue volume variance.
| ________ | Favorable/UnfavorableUnfavorable |
c. Compute the total revenue variance.
| ________ | Favorable/UnfavorableFavorable |
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Auditing A Practical Approach
Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren
2nd Canadian edition
9781118377901, 1118377907, 1119048095, 978-1118849415
