Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN: 9781337902663
Author: WARREN, Carl S.
Publisher: Cengage Learning,
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Chapter 23, Problem 24E

Rosenberry Company computed the following revenue variances for January:

Revenue price variance     $(350,000) Favorable

Revenue volume variance    50,000 Unfavorable

Assuming that the planned selling price per unit was $10 and that actual sales were 175,000 units, determine the following:

a.    Actual selling price of January.

b.    Planned number of units that were to be sold in January.

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Chapter 23 Solutions

Financial And Managerial Accounting

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