Mia Wiz sells computers. During May, it sold 700 computers at a $900 per unit price. The fixed budget for May predicted sales of 750 computers at an per unit price of $880. AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price 182. Compute the sales price variance and the sales volume variance for May. Identify it as favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Actual Sales $ Flexible Budget Budgeted Sales

Mia Wiz sells computers. During May, it sold 700 computers at a $900 per unit price. The fixed budget for May predicted sales of 750 computers at an per unit price of $880. AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price 182. Compute the sales price variance and the sales volume variance for May. Identify it as favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Actual Sales $ Flexible Budget Budgeted Sales

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 32P: Sulert, Inc., produces and sells gel-filled ice packs. Sulerts performance report for April follows:...

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Mia Wiz sells computers. During May, it sold 500 computers at a $800 per unit price. The fixed budget for May predicted sales of 550 computers at an per unit price of $780. AQ = Actual QuantitySQ = Standard QuantityAP = Actual PriceSP = Standard Price 1&2. Compute the sales price variance and the sales volume variance for May. Identify it as favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)
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