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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 53,000
Sales Price Variance, Sales Volume Variance, Overall Sales Variance Holland Company is a garden products wholesale firm. In December, Holland Company expects to sell 53,000 bags of vegetable fertilizer at an average price of $5.30 per bag. Actual results are 53,600 bags sold at an average price of $5.20 per bag. Required: 1. Calculate the sales price variance for December. 2. Calculate the sales volume variance for December. 3. Calculate the overall sales variance for December. 4. What if December sales were actually 52,800 bags? How would that affect the sales price variance? The sales volume variance? The overall sales variance
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