Sales price variance and sales volume variance

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Reference no: EM13824368

Farad, Inc. specializes in selling used SUVs. During the first six months of 2013, the dealership sold 50 trucks at an average price of $9,000 each. The budget for the first six months of 2013 was to sell 45 trucks at an average price of $9,500 each.

AQ = Actual QuantitySQ = Standard Quantity

AP = Actual PriceSP = Standard Price

Compute the dealership’s sales price variance and sales volume variance for the first six months of 2013.

Reference no: EM13824368

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