A snack bar budgets 14,000 covers with an average check of $6.45, and an average cost...

 

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A snack bar budgets 14,000 covers with an average check of $6.45, and an average cost per customer of $2.45. Actual results were 14,800 customers, and an average check of $6.75; average cost per cover was $2.25. Determine the price, volume, and total variances for sales revenue, and the cost, volume, and total variances for the cost. Price, volume and total revenue variances Volume Total Actual Actual Budgeted Actual Price Actual Budgeted Budgeted Cost, volume and total expense variances Volume Total Actual Budgeted Cost Actual Budgeted Budgeted A snack bar budgets 14,000 covers with an average check of $6.45, and an average cost per customer of $2.45. Actual results were 14,800 customers, and an average check of $6.75; average cost per cover was $2.25. Determine the price, volume, and total variances for sales revenue, and the cost, volume, and total variances for the cost. Price, volume and total revenue variances Volume Total Actual Actual Budgeted Actual Price Actual Budgeted Budgeted Cost, volume and total expense variances Volume Total Actual Budgeted Cost Actual Budgeted Budgeted

Answer rating: 100% (QA)

Solution Ans Revenue 1 Sales Price Variance Actual Quantity Sold Actual Price Standard Price 14800... View the full answer