A company sells two products: radios and speakers. The expected sales for radios were 1,500 units; 2,000
Question:
A company sells two products: radios and speakers. The expected sales for radios were 1,500 units; 2,000 were sold. The budgeted selling price for radios was $106.00; however, the actual selling price was $111.00. The expected sales for speakers were 4,600 units; 5,000 were sold. The budgeted selling price for speakers was $90.00; however, the actual selling price was $87.00. Budgeted and actual variable costs were $43.00 per unit for the radios and $31.00 per unit for the speakers. What is the total sales quantity variance for the period?
Please round your variance to the nearest dollar, and do not use dollar signs. If the variance is favorable, please enter a positive value and if the variance is negative, please enter a negative value.
Management Accounting Information For Decision Making
ISBN: 9781618533517
7th Edition
Authors: Anthony A. Atkinson