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Revenue variances Kessla Taub manages the marketing department at Electronic Village. Company management has been concerned about the sales of three products and has
Revenue variances Kessla Taub manages the marketing department at Electronic Village. Company management has been concerned about the sales of three products and has informed Taub that, regardless of other sales, her performance for the year will be evaluated on whether she has met the sales budget for the following items: Wireless backup camera Heated seat cushion Wireless car phone charger Sales Price per Unit Budgeted Unit Sales $120 68 60 3.520 1,620 2,310 Actual sales for these three products, generated for the year, were as follows: Sales Price per Unit Sales Revenue Wireless backup camera $115 $430,100 Heated seat cushion 70 311,080 Wireless car phone charger 55 502,150 a. Compute the sales price variances by product. Note: Do not use negative signs with your answers. Sales price variance Wireless backup camera: $ Heated seat cusion: Wireless car phone charger: Total $ * Unfavorable * Favorable * Unfavorable 0x Unfavorable b. Compute the sales volume variances by product. Note: Do not use negative signs with your answers. Sales volume variance Wireless backup camera: Heated seat cusion: $ 0x Favorable 0x Unfavorable Wireless car phone charger: 0x Favorable Total $ 0x Favorable
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