Question: Telling Time is a watch retailer. It sells two types of watches: digital and analog. The results for the third quarter for Telling Time are

Telling Time is a watch retailer. It sells two types of watches: digital and analog. The results for the third quarter for Telling Time are as follows:


Analog Digital Expected sales in units Expected sales price. Actual sales in units. Actual total sales revenue 400 500 $


1. Calculate the sales price variance and the sales volume variance for digital watches.
2. Calculate the sales price variance and the sales volume variance for analogwatches.

Analog Digital Expected sales in units Expected sales price. Actual sales in units. Actual total sales revenue 400 500 $50 $75 375 530 S19,500 S38,955

Step by Step Solution

3.48 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

1 Actual price Actual total sales revenue Actual sales in units 2 Actual price ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

75-B-M-A-C-V-P (340).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting Questions!