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Sales Price Variance, Sales Volume Variance, Overall Sales Variance Holland Company is a garden products wholesale firm. In December, Holland Company expects to sell 5

Sales Price Variance, Sales Volume Variance, Overall Sales Variance
Holland Company is a garden products wholesale firm. In December, Holland Company expects to sell 58,000 bags of vegetable fertilizer
at an average price of $5.40 per bag. Actual results are 58,700 bags sold at an average price of $5.30 per bag.
Required:
Calculate the sales price variance for December.
$
Calculate the sales volume variance for December.
$
Calculate the overall sales variance for December.
$
What if December sales were actually 57,800 bags? How would that affect the sales price variance?
The sales volume variance?
The overall sales variance?
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