Mountain Bikes Inc. manufactures custom bikes. They budgeted to sell 85 bikes in May at a price of $3,450 per bike. The actual sales for May were 82 bikes at a price of $3,525 per bike. What is the Sales Volume Variance for May?

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 25E: Lowell Manufacturing Inc. has a normal selling price of 20 per unit and has been selling 125,000...
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Mountain Bikes Inc. manufactures custom bikes. They
budgeted to sell 85 bikes in May at a price of $3,450 per bike.
The actual sales for May were 82 bikes at a price of $3,525
per bike. What is the Sales Volume Variance for May?
Transcribed Image Text:Mountain Bikes Inc. manufactures custom bikes. They budgeted to sell 85 bikes in May at a price of $3,450 per bike. The actual sales for May were 82 bikes at a price of $3,525 per bike. What is the Sales Volume Variance for May?
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