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Provide the sales price variance

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Reference no: EM132844811

Question - Your company had the following static budget:

Revenue 314910

Materials 75197

Labor 99650

Overhead 74735

With an anticipated volume of 4146 units.

Actual results for the period were

Revenue 377932

Materials 89127

Labor 106171

Overhead 94434

With an actual volume of 4434 units. Materials and labor are variable costs and overhead is a fixed cost.

1) Provide the sales price variance (absolute value).

2) Provide Materials Variance.

3) Provide labor variance.

4) Provide overhead variance.

5) Provide sales volume variance.

Reference no: EM132844811

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