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Compute the sales price variance

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Reference no: EM132063572

Question - Jackson has the following flexible budget:

 

Actual

Budget

Sales (Units)

10,000

11,000

Sales Revenue

$400,000

$505,000

Variable Costs

($195,000)

(275,000)

Contribution Margin

$205,000

$230,000

Fixed Costs

($126,000)

(122,000)

Net Operating Income

$79,000

$108,000

Compute the Sales Price Variance.

Reference no: EM132063572

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