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White Mountain Sled Company manufactures children's snow sleds. The company's performance report for November is as follows. Actual Sleds sold Sales Variable costs Contribution margin
White Mountain Sled Company manufactures children's snow sleds. The company's performance report for November is as follows. Actual Sleds sold Sales Variable costs Contribution margin Fixed costs 5,000 $240,000 150,000 $ 90,000 84,000 $ 6,000 Budget 6,000 $300,000 180,000 $120,000 80,000 $ 40,000 Operating income The company uses sales variance analysis to explain the difference between budgeted and actual sales revenue. Required: Compute the following variances and indicate whether each is favorable or unfavorable. (Select "None" for no effect (i.e., zero variance).) 1. November sales-price variance November sales-volume variance 2
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