Your company has the following Price Volume Mix Variances compared to last year:

Price +$125,000

Volume $(50,000)

Mix $(1,000)

What story does that tell?

Group of answer choices

Total Revenue increased this year as an increase in average price more than offset a decrease in volume

Total Revenue decreased this year due to a decrease in volume and mix

Total Revenue increased this year as an increase in volume more than offset an increase in average price

Not enough information to tell