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The following information is available for company Z: Planned Sales 10,000 units Planned Selling Price $5 per unit Actual Sales 9,000 units Actual Selling Price
The following information is available for company Z: | ||||
Planned Sales | 10,000 | units | ||
Planned Selling Price | $5 | per unit | ||
Actual Sales | 9,000 | units | ||
Actual Selling Price | $5.35 | per unit | ||
Required: | ||||
Calculate the sales price and volume variances. | ||||
Label the variances, and indicate the direction of the variance. |
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