Question: 22 ) ( 2 marks ) Teddy Bear Company sold a total of 30 000 stuffed tigers and lions During August the following information was


22 ) ( 2 marks ) Teddy Bear Company sold a total of 30 000 stuffed tigers and lions During August the following information was gathered Tigers Lions Actual selling price $7.51 $10.50 Budgeted selling price DO. DI $10.50 Actual sales mix 690 310 Budgeted sales mix 75 250/ Actual variable costs $501 $ 6.50 Budgeted variable costs $ 4.7 $ 7.2 Budgeted unit sales 30.001 10.000 What is the total sales volume variance a ) $26 , 100 favourable b ) $26 100 unfavourable $9 250 unfavourable d ) $9 250 favourable $7 850 unfavourable
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
