Wheat Inc. has an exclusive contract with an exporter. Two brands of wheat are imported, labeled...

 

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Wheat Inc. has an exclusive contract with an exporter. Two brands of wheat are imported, labeled AB and CD. The following data are provided for the current fiscal year: Budgeted Actual Results AB CD AB CD Price per bushel $ 29 $ 12 $ 30 $ 14 Variable cost per bushel $ 24 $ 7 $ 20 $ 10 Sales (in bushels) 2600 2400 2700 4800 The total market was estimated to 25,000 bushels at the time of budget. The actual total market for the year is 17,000 bushels. What is the firm's total sales quantity variance? (Do not round intermediate calculations.) Wheat Inc. has an exclusive contract with an exporter. Two brands of wheat are imported, labeled AB and CD. The following data are provided for the current fiscal year: Budgeted Actual Results AB CD AB CD Price per bushel $ 29 $ 12 $ 30 $ 14 Variable cost per bushel $ 24 $ 7 $ 20 $ 10 Sales (in bushels) 2600 2400 2700 4800 The total market was estimated to 25,000 bushels at the time of budget. The actual total market for the year is 17,000 bushels. What is the firm's total sales quantity variance? (Do not round intermediate calculations.)