Based on the attached image, what is the company's sales-volume variance?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Based on the attached image, what is the company's sales-volume variance?
Transcribed Image Text:Great Products has the following information for the year just ended:
Sales in units
Sales
Less: Variable expenses
Contribution margin
Less: Fixed expenses
Operating income
Budget
15.000
$150.000
90.000
$ 60,000
35.000
$25.000
Actual
14.000
$147,000
82.600
$ 64,400
40.000
$24.400
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