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

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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.

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