Presented is information pertaining to an item sold by Winding Creek General Store: Actual Budget Unit...

 

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Presented is information pertaining to an item sold by Winding Creek General Store: Actual Budget Unit sales 145 115 Unit selling price $27 $23 Unit standard variable costs (20) (20) Unit contribution margin $7 $3 Revenues $3,915 $2,645 Variable costs (2,900) (2,300) $345 Contribution margin at standard costs $1,015 Compute the revenue, sales price, and the sales volume variances. Revenue variance Sales price variance Sales volume variance Presented is information pertaining to an item sold by Winding Creek General Store: Actual Budget Unit sales 145 115 Unit selling price $27 $23 Unit standard variable costs (20) (20) Unit contribution margin $7 $3 Revenues $3,915 $2,645 Variable costs (2,900) (2,300) $345 Contribution margin at standard costs $1,015 Compute the revenue, sales price, and the sales volume variances. Revenue variance Sales price variance Sales volume variance

Answer rating: 100% (QA)

Answer To calculate the revenue sales price and sales volume variances we can use the following form... View the full answer