Marathon Sports Equipment Company projected sales of 79,000 units at a unit sales price of $12 for the year. Actual sales for the year were 74,000 units at $14 per unit. Variable costs were budgeted at $3 per unit, and the actual amount was $6 per unit. Budgeted fixed costs totaled $377,000, while actual fixed costs amounted to $415,000. What is the sales volume variance for total revenue? O A. $88,000 favorable O B. $60,000 favorable O C. $60,000 unfavorable O D. $88,000 unfavorable
Marathon Sports Equipment Company projected sales of 79,000 units at a unit sales price of $12 for the year. Actual sales for the year were 74,000 units at $14 per unit. Variable costs were budgeted at $3 per unit, and the actual amount was $6 per unit. Budgeted fixed costs totaled $377,000, while actual fixed costs amounted to $415,000. What is the sales volume variance for total revenue? O A. $88,000 favorable O B. $60,000 favorable O C. $60,000 unfavorable O D. $88,000 unfavorable
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%

Transcribed Image Text:Marathon Sports Equipment Company projected sales of 79,000 units at a unit sales price of $12 for the year. Actual sales for the year were 74,000 units at $14 per
unit. Variable costs were budgeted at $3 per unit, and the actual amount was $6 per unit. Budgeted fixed costs totaled $377,000, while actual fixed costs amounted to
$415,000. What is the sales volume variance for total revenue?
.....
O A. $88,000 favorable
O B. $60,000 favorable
O C. $60,000 unfavorable
O D. $88,000 unfavorable
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,


Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,

Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,

Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON

Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education

Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education