Sales Price Variance, Sales Volume Variance, Overall Sales Variance

Saginaw Company is a garden products wholesale firm. In December, Saginaw Company expects to sell 28,000 bags of vegetable fertilizer at an average price of $5.2 per bag. Actual results are 28,700 bags sold at an average price of $5.1 per bag.

Required:

1. Calculate the sales price variance for December. $ Unfavorable- Select your answer -FavorableUnfavorableItem 2

2. Calculate the sales volume variance for December. $ Favorable- Select your answer -FavorableUnfavorableItem 4

3. Calculate the overall sales variance for December. $ Favorable- Select your answer -FavorableUnfavorableItem 6

4. What if December sales were actually 27,800 bags calculate the new sales price variance? $ Unfavorable- Select your answer -FavorableUnfavorableItem 8

The sales volume variance? $ Unfavorable- Select your answer -FavorableUnfavorableItem 10

The overall sales variance? $ Unfavorable- Select your answer -FavorableUnfavorableItem 12

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