Question: In the current month, White River, Inc., has a planned selling price of $11 and an actual selling price of $7 for its product. While

In the current month, White River, Inc., has a planned selling price of $11 and an actual selling price of $7 for its product. While it had planned to sell 400 units, it actually sold 500 units. Calculate its revenue volume variance and indicate if it is favorable or unfavorable. a. $(1,100) favorable b. $(2,800) favorable c. $(700) favorable d. $700 unfavorable

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