McGrath's produces and sells two types of t-shirts - Fancy and Plain. The company provides the following data:
|
|
Budget
|
Actual
|
|
Unit Sales Price - Fancy
|
$24
|
$25
|
|
Unit Sales Price - Plain
|
$18
|
$17
|
|
Units Sales - Fancy
|
1,300
|
1,250
|
|
Unit Sales- Plain
|
900
|
875
|
Compute the flexible budget variance for Fancy T-shirts for sales revenue.