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The questions that are omitted. Volume $26 Products 22 Pricing Strategy, Sales Variances Eastman, Inc., manufactures and sells three products: R, S, and T. In
The questions that are omitted. Volume $26 Products 22 Pricing Strategy, Sales Variances Eastman, Inc., manufactures and sells three products: R, S, and T. In January, Eastman, Inc., budgeted sales of the following. Budgeted Budgeted Price Product R 120,000 150,000 20,000 At the end of the year, actual sales revenue for Product R and Product S was $3,075,000 and $3,254,000, respectively. The actual price charged for Product R was $25 and for Product S was $20. Only $10 was charged for Product T to encourage more consumers to buy it, and actual sales revenue equaled $540,000 for this product. Product T 20 Required: Required: 1. Calculate the sales price and sales volume variances for each of the three products based on the original budget. Sales Price Variance Sales Volume Variance Unfavorable Favorable Unfavorable Favorable Unfavorable Favorable Product R Products Product T
The questions that are omitted.
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