The actual margin per unit and margin per unit estimated in the plan are $6 and $8, respectively. The actual volume and the volume estimated in the plan are 5,000 units and 10,000 units, respectively. What is the margin variance of the business? O-$10,000 $5,000 O-$20,000 O $10,000 O $20,000

The actual margin per unit and margin per unit estimated in the plan are $6 and $8, respectively. The actual volume and the volume estimated in the plan are 5,000 units and 10,000 units, respectively. What is the margin variance of the business? O-$10,000 $5,000 O-$20,000 O $10,000 O $20,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The actual margin per unit and margin per unit estimated in the plan are $6 and $8, respectively. The
actual volume and the volume estimated in the plan are 5,000 units and 10,000 units, respectively.
What is the margin variance of the business?
O-$10,000
$5,000
-$20,000
$10,000
O$20,000

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