Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. sales variances presented is information pertainin

Sales Variances Presented is information pertaining to an item sold by Wheeping Creek General Store:...

90.2K

Verified Solution

Question

Accounting

Sales Variances
Presented is information pertaining to an item sold by Wheeping Creek General Store:
Actual Budget
Unit sales 650600
Unit selling price $ 38 $ 40
Unit standard variable costs 3132
Unit contribution margin $ 7 $ 8
Revenues $ 24,700 $ 24,000
Variable costs 21,15019,200
Contribution margin at standard costs $ 4,550 $ 4,800
Compute the revenue, sales price, and the sales volume variances.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

One attempt was to investigate the effect of two treatments on the formation of tartar in...

Basic Math
Q

Try Yourself 11 Find B al over following loops direction in which integration has to...

Physics
Q

The strain stress curve of three wires of different materials are shown in the figure...

Physics
Q

A spherical ball is dropped in a long column of viscous liquid The acceleration of...

Physics
Q

14 The annual evaporation from a lake is found to be 125 cm If the...

Basic Math
Q

1 4 Write the equation in expo In 1 0

Calculus
Q

Find the vertical horizontal and oblique asymptotes if any for the following rational function R...

Calculus
Q

List the four perspectives of the balanced scorecard and describe each. Textbook: ...

Accounting
Q

En 2021, Nora (28) vivi con su hija Avery (4), su hermano Jack (19) y...

Accounting
Q

plete copy A of Form W-2 for each of the four employees. State wages were...

Accounting
Q

Which of the following statements is true regarding a defined benefit pension plan? Group of...

Accounting
Q

Single Pantiefactory Overhead Rate The total factory overhead Bardot Maris Company is geted for the...

Accounting