Claremont Company sells refurbished copiers. During the month, the company sold 175 copiers for total sales of $507,500. The budget for the month was to sell 170 copiers at an average price of $3,100. The sales price variance for the month was: Multiple Choice $19,500 unfavorable. $19,500 favorable. $35,000 unfavorable. $31.000 unfavorable

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question

Please do not give solution in image format thanku 

Claremont Company sells refurbished copiers. During the month, the company sold 175 copiers for total sales of
$507,500. The budget for the month was to sell 170 copiers at an average price of $3,100. The sales price variance for the
month was:
Multiple Choice
$19,500 unfavorable.
$19,500 favorable.
$35,000 unfavorable.
$31.000 unfavorable
Transcribed Image Text:Claremont Company sells refurbished copiers. During the month, the company sold 175 copiers for total sales of $507,500. The budget for the month was to sell 170 copiers at an average price of $3,100. The sales price variance for the month was: Multiple Choice $19,500 unfavorable. $19,500 favorable. $35,000 unfavorable. $31.000 unfavorable
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education