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The Summers Sporting Goods Shop presents the following data for two types of racquetball gloves, leather and fabric, for 19A and 19B. 19A Per unit
The Summers Sporting Goods Shop presents the following data for two types of racquetball gloves, leather and fabric, for 19A and 19B. 19A Per unit Amount 19B Per unit Amount Units Units Sales: Leather racquetball gloves Fabric racquetball gloves 8,000 8,000 $8.00 $4.00 $64,000 $32,000 12,000 $10.00 $120,000 20,000 $6.00 $120,000 $96,000 $240,000 ======= 3D%3D%3D%3D%3D%3D Cost of Goods Sold Leather racquetball gloves Fabric racquetball gloves 8,000 8,000 $6.00 $3.00 $48,000 $24,000 12,000 9.00 20,000 5.00 $108,000 100,000 $72,000 $208,000 Gross profit 16,000 $1.50 $24,000 32,00 $1.00 $32 ======= Required: Calculate price and volume variances for sales and cost. The sales mix and final sales volume variances
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