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:...

60.1K

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

Use the position function ?(?) = ?16?^ 2 + ?0? + ?0 for the following vertical...

Basic Math
Q

explain what microbial growth is? explain how microbes use Carbon, nitrogen, sulfur and phosphorus?

Biology
Q

1) In softball, the pitcher throws underhand with the arm fully extended (straight at the elbow)....

Physics
Q

Let's consider a four-cylinder engine with phase angles of 0o,90o,270,o180o. Commute mass for each cylinder...

Mechanical Engineering
Q

Lance has two adult children from a previous marriage. He has gifted them money for the...

Accounting
Q

2 A 3uF capacitor is charged to a potential of 100 V and 2 F...

Physics
Q

A sphere of mass m and radius r rests at the bottom of a large...

Physics
Q

Given v 2i and w 2i 3j find the angle between v and w

Basic Math
Q

Compute the total commission for the following commission payment plan.Graduated Commission Rates Sales Commission1%...

Basic Math
Q

E7-15 (Algo) Making Decisions involving Constrained Resource [LO 7-2, 7-7) Cordova manufactures three types of...

Accounting
Q

The LOL Company had the following items in its complex capital structure at December 31,...

Accounting
Q

Document i Compatibility Mode] - Word (Product Activation Failed) Layout References Mailings Review View Tell...

Finance