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Yuri [45]
3 years ago
14

Actual sales volume for a period is 5,000 units. Budgeted sales volume is 4,500. Actual selling price per unit is $15 an budgete

d price per unit is $15.75. The sales price variance is___________.
Business
1 answer:
uranmaximum [27]3 years ago
3 0

Answer:

-$3750 unfavorable

Explanation:

Given that

Actual Sales volume = 5,000 units

Budgeted sales volume = 4,500

Actual selling price per unit = $15

Planned selling price = $15.75

So, the computation of the sales price variance is given below:-

= Actual quantity sold × (actual selling price - planned selling price)

= 5,000 × ($15 - $15.75)

= 5,000 × (-$0.75)

= -$3750 unfavorable

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To record the purchase of long-term assets for cash.

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To record the funds borrowed from a bank.

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b. Cash $119 Short-term Note Payable $119

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5 0
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Answer:

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Please refer the complete question:

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e. Capital budgeting projects should be evaluated solely on the basis of their total risk. Thus, insufficient information has been provided to make the accept/reject decision.

7 0
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