Question: CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 6-3 Bramble Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 6-3 Bramble Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 1,980 kits was prepared for the year. Fixed operating expenses account for 79% of total operating expenses at this level of sales. Sales Cost of goods sold (all variable) Gross margin Operating expenses Operating income $99,000 59,400 39,600 34,650 $ 4,950 Assume that during the year Bramble Sports actually sold 2,079 volleyball kits during the year at a price of $48 per kit. Calculate the sales price variance. (If variance is zero, select "Not Applicable and enter for the amounts.) Sales price variances LINK TO TEXT VIDEO SEMILAR EXERCISE Question Attempts: 0 of 15 used
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