Question: Using the following data, calculate the sales volume variance (effect on profit) for Rizzo Company. Actual sales quantity 5,000 units Budgeted sales quantity 5,500 units

Using the following data, calculate the sales volume variance (effect on profit) for Rizzo Company.

Actual sales quantity

5,000 units

Budgeted sales quantity

5,500 units

Budgeted sales price per unit

$10

Budgeted unit contribution margin

$6

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