Sales Variances

Presented is information pertaining to an item sold by Winding Creek General Store:

ActualBudgetUnit sales135110Unit selling price$28$23Unit standard variable costs(20)(20)Unit contribution margin$8$3Revenues$3,780$2,530Standard variable costs(2,700)(2,200)Contribution margin at standard costs$1,080$330

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

Revenue varianceAnswer

F

U

Sales price variance$Answer

F

U

Sales volume variance$Answer

F

U