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Sales Price Variance, Sales Volume Variance, Overall Sales Variance Saginaw Company is a garden products wholesale firm. In December, Saginaw Company expects to sell 26,000
Sales Price Variance, Sales Volume Variance, Overall Sales Variance Saginaw Company is a garden products wholesale firm. In December, Saginaw Company expects to sell 26,000 bags of vegetable fertilizer at an average price of $5.20 per bag. Actual results are 26,650 bags sold at an average price of $5.10 per bag. Required: 1. Calculate the sales price variance for December 2,665 Unfavorable 2. Calculate the sales volume variance for December. 3,380 Favorable 3. Calculate the overall sales variance for December. X Favorable 4. What if December sales were actually 25,800 bags? How would that affect the sales price variance? Decrease by $ The sales volume variance? Unfavorable The overall sales variance? Unfavorable
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