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Revenue variances Ha-Chin Yi delivers two-day statistical process control seminars for manufacturing workers. For each program, a $4,000 fee is normally paid. In Year 1,

Revenue variances Ha-Chin Yi delivers two-day statistical process control seminars for manufacturing workers. For each program, a $4,000 fee is normally paid. In Year 1, Yi presented 135 seminars, and he budgeted a 30 percent increase in seminars for Year 2. At the end of Year 2, Yi is disappointed that his actual revenue is only $694,575. He presented 189 seminars during the year. Calculate the sales price variance, the sale volume variance, and the total revenue variance. Note: Do not use a negative sign with your answers.

Sales price variance

FavorableUnfavorableNeither favorable or unfavorable

Sales volume variance

FavorableUnfavorableNeither favorable or unfavorable

Total revenue variance

FavorableUnfavorableNeither favorable or unfavorable

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