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uestion 1: Sales price variance, sales volume variance, and fixed cost variance Budgeted Actual Price $400 $450 Sales volume in units 50 45 Unit VC
uestion 1: Sales price variance, sales volume variance, and fixed cost variance
Budgeted | Actual | |
Price | $400 | $450 |
Sales volume in units | 50 | 45 |
Unit VC | $100 | $120 |
Fixed costs | $100,000 | $120,000 |
Compute the following variances. Enter favorable variances as a positive number and unfavorable variances as a negative number. Do NOT enter F or U after the number.
sales price variance = $ __________ sales volume variance = $ _________
fixed cost variance = $ ____________
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