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The Vargas Company had the following expectations for the year: Budgeted results for the year were: Total market for the product Vargas's budgeted sales
The Vargas Company had the following expectations for the year: Budgeted results for the year were: Total market for the product Vargas's budgeted sales 175,400 units $2,002,025 Variable costs per unit $ 19.75 Selling price per unit $ 36.50 Actual results for the year were: Total market for the product 167,050 units Vargas's actual sales 56,925 units Total Variable costs $1,077,975 Total sales $1,755,075 What is Vargas' industry volume variance? (Round your intermediate calculations to 2 decimal places.)
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