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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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