Comp Wiz sells computers. During May 2008, it sold 350 computers at a $1,200 average price each. The May 2008 budget included sales of 365 computers at an average price of $1,100 each. Compute the sales price variance and the sales volume variance for May 2008.

Comp Wiz sells computers. During May 2008, it sold 350 computers at a $1,200 average price each. The May 2008 budget included sales of 365 computers at an average price of $1,100 each. Compute the sales price variance and the sales volume variance for May 2008.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 24E: Rosenberry Company computed the following revenue variances for January: Revenue price variance...

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Question

Accounting. Comp wiz sells computer during May 2008 it sola

Comp Wiz sells computers. During May 2008, it
sold 350 computers at a $1,200 average price each.
The May 2008 budget included sales of 365
computers at an average price of $1,100 each.
Compute the sales price variance and the sales
volume variance for May 2008.

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