Illustrious Corporation compiled the following data regarding its budgeted and actual sales for a period: Budgeted...

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Illustrious Corporation compiled the following data regarding its budgeted and actual sales for a period: Budgeted Actual Unit sales: Product A 30,000 35,000 Product B 60,000 65,000 Unit contribution: Product A $4.00 $4.00 Product B $10.00 $10.00 What is the sales volume variance for each product? Product A Product B A. $10,000 U $25,000 U B. $20,000 F $50,000 F C. $10,000 F $25,000 F D. $20,000 U $50,000 U D 4 Illustrious Corporation compiled the following data regarding its budgeted and actual sales for a period: Budgeted Actual Unit sales: Product A 30,000 35,000 Product B 60,000 65,000 Unit contribution: Product A $4.00 $4.00 Product B $10.00 $10.00 What is the sales volume variance for each product? Product A Product B A. $10,000 U $25,000 U B. $20,000 F $50,000 F C. $10,000 F $25,000 F D. $20,000 U $50,000 U D 4

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Product A Sales volume variance Actual unit sold Budgete... View the full answer