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Sales Variances Presented is information pertaining to an item sold by Wheeping Creek General Store: Actual Budget Unit sales 650 600 Unit selling price $

Sales Variances Presented is information pertaining to an item sold by Wheeping Creek General Store:

Actual Budget
Unit sales 650 600
Unit selling price $ 38 $ 40
Unit standard variable costs 31 32
Unit contribution margin $ 7 $ 8
Revenues $ 24,700 $ 24,000
Variable costs 21,150 19,200
Contribution margin at standard costs $ 4,550 $ 4,800

Compute the revenue, sales price, and the sales volume variances.

Revenue variance $AnswerAnswerFU Sales price variance $AnswerAnswerFU Sales volume variance $AnswerAnswerFU

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