Question: Using the information in the table below, calculate the amount of the favorable price variance. Volume Cost per unit Cost Budgeted 200,000 Actual 190,000

Using the information in the table below, calculate the amount of the

Using the information in the table below, calculate the amount of the favorable price variance. Volume Cost per unit Cost Budgeted 200,000 Actual 190,000 $40 $37 $8,000,000 $7,030,000

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