Answer:
The answers are:
+ Sales price variance: $65,113,200
+ Sales volume variance: $(239,200,000)
Explanation:
We have detailed calculations shown as below:
Sales price variance = ( Actual unit sales price - budgeted unit sales price) x actual unit sold = ( 26,300 - 26,000) x 217,044 = $65,113,200;
Sales volume variance = ( Actual unit sold - Budgeted unit sold) x budgeted unit sales price = (217,044 - 226,244) x 26,000 = $(239,200,000).
So, for BMW recent year, we have:
+ Sales price variance: $65,113,200;
+ Sales volume variance: $(239,200,000).
