Question

Donate Your Vehicle (DYV) is a charity that receives donations of old cars and converts them into cash to be used for various charitable purposes. DYV budgeted receipt of 300 cars, but actually received one- third more than expected. They sold the cars for $ 2,700 each, which was 10 percent below the budgeted price. What was the total revenue variance? Was it favorable or unfavorable? What are the two types of subvariances that caused the total variance?



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  • CreatedDecember 19, 2014
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