Question: Question 3 (5 marks) Electra Corp. produces two products: A and B. Information on these two products is as follows: Budget price per unit Budget

Question 3 (5 marks) Electra Corp. produces two products: A and

Question 3 (5 marks) Electra Corp. produces two products: A and B. Information on these two products is as follows: Budget price per unit Budget variable costs per unit B $130 $145 $ 60 $ 67 Sales volume in units: Actual Budget 15,000 6,500 10,080 7,420 Required: Calculate and explain the following variances for Electra Corp.: a) Sales volume variance (2 marks) b) Sales mix variance

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