Based on the information provided, calculate the percentage change in revenue and determine whether it is favorable
Fantastic news! We've Found the answer you've been seeking!
Question:
Based on the information provided, calculate the percentage change in revenue and determine whether it is favorable or unfavorable.
budgeted | Actual | |
Sales volume | 50,000 | 52,000 |
Sale price | $15 | $13.5 |
Total Variable Costs | $320,000 | $350,000 |
Fixed costs | $150,000 | $150,000 |
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Posted Date: