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Sales Variances Assume that Casio Computer Company, LTD. sells G-Shock for 550 during August as a back-to-school special. The normal selling price is $100, The

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Sales Variances Assume that Casio Computer Company, LTD. sells G-Shock for 550 during August as a back-to-school special. The normal selling price is $100, The standard variable cost for each device is $35. Sales for August had been budgeted for 500,000 units nationwide: however, due to the uptick in the economy, sales came in at 525.000 Compute the revenue, sales price, sales volume and net sales volume variances, Hint Compute the variances using the normal selling price as the standard Revenue variance 4 12500 000 % V Sales price variance + 10,750,000 % | Sales volume vanance Net sales volume variance 2,000,000 $ 3,750,000 XF . Check

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