From the following information of a company, calculate:
(a) Sales variance; (b) Sales volume variance; (c) Sales price variance.
|
Product |
Budgeted |
Actual |
||
|
Units |
Sales Value |
Units |
Sales Value |
|
|
P |
100 |
1,200 |
100 |
1,100 |
|
0 |
SO |
600 |
50 |
600 |
|
R |
100 |
900 |
200 |
1,700 |
|
S |
75 |
450 |
50 |
300 |
|
325 |
3,150 |
400 |
3,700 |
|