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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 21,000
Sales Price Variance, Sales Volume Variance, Overall Sales Variance
Saginaw Company is a garden products wholesale firm. In December, Saginaw Company expects to sell 21,000 bags of vegetable fertilizer at an average price of $5.30 per bag. Actual results are 21,700 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 20,800 bags? How would that affect the sales price variance? by$ The sales volume variance? $ The overall sales variance
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