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Find sales price variance in absolute dollars


Question 1: Sales in units: planned 1,000, actual 1020. Selling price per unit: planned $7. actual $6.9. Variable cost per unit $4.5 for planned and actual

1. Find sales price variance in absolute dollars

2. Find sales volume variance in absolute dollars

3. Is the price variance Favorable or unfavorable variance?

4. Is the volume variance favorable or unfavorable variance?

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Accounting Basics: Find sales price variance in absolute dollars
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