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The following data pertain to Aurora Electronics for the month of February. Static Budget Actual Units sold 10,000 9,000 Sales revenue $ 120,000 $ 103,500
The following data pertain to Aurora Electronics for the month of February.
Static Budget | Actual | ||||||
Units sold | 10,000 | 9,000 | |||||
Sales revenue | $ | 120,000 | $ | 103,500 | |||
Variable manufacturing cost | 40,000 | 36,000 | |||||
Fixed manufacturing cost | 20,000 | 20,000 | |||||
Variable selling and administrative cost | 10,000 | 9,000 | |||||
Fixed selling and administrative cost | 10,000 | 10,000 | |||||
Compute the sales-price and sales-volume variances for February. Show all work.
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