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Revenue variances Lowell Manufacturing Inc. has a normal selling price of $ 2 0 per unit and has been selling 1 2 5 , 0
Revenue variances Lowell Manufacturing Inc. has a normal selling price of $ per unit and has been selling units per month. In November, Lowell Manufacturing decided to lower its price to $ per unit expecting it can increase the units sold by a Compute the normal revenue with a $ selling price. fill in the blank of $ b Compute the planned revenue with a $ selling price. fill in the blank of $ c Compute the actual revenue for November, assuming units were sold in November at $ per unit. fill in the blank of $ d Compute the revenue price variance, assuming units were sold in November at $ per unit. fill in the blank of $ e Compute the revenue volume variance, assuming units were sold in November at $ per unit. fill in the blank of $ fill in the blank of Unfavorable f Analyze and interpret the lowering of the price to $ Decreasing the selling price to $ did fill in the blank of increase total revenue, but it did not fill in the blank of increase the revenues by as planned.
Revenue variances
Lowell Manufacturing Inc. has a normal selling price of $ per unit and has been selling units per month. In November, Lowell Manufacturing decided to lower its price to $ per unit expecting it can increase the units sold by
a Compute the normal revenue with a $ selling price.
fill in the blank of $
b Compute the planned revenue with a $ selling price.
fill in the blank of $
c Compute the actual revenue for November, assuming units were sold in November at $ per unit.
fill in the blank of $
d Compute the revenue price variance, assuming units were sold in November at $ per unit.
fill in the blank of $
e Compute the revenue volume variance, assuming units were sold in November at $ per unit.
fill in the blank of $
fill in the blank of
Unfavorable
f Analyze and interpret the lowering of the price to $
Decreasing the selling price to $ did fill in the blank of
increase
total revenue, but it did not fill in the blank of
increase
the revenues by as planned.
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