GAP Industries budgeted to sell 917 units, but sold 764. Budgeted variable cost are $22 per unit
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Question:
GAP Industries budgeted to sell 917 units, but sold 764.
Budgeted variable cost are $22 per unit and budgeted fixed costs amount to $185400 in total.
Actual variable cost are $24 per unit and actual fixed costs amount to $186500 in total.
What is the total volume variance?
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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