If the actual sales volume is 5000 units,budgeted sales volume is 4500, actual selling price be $15 per unit and the budgeted price per unit be $15.75 per unit then the sales price variance is -$3750.
Given that actual sales volume is 5000 units,budgeted sales volume is 4500 units, actual selling price be $15 per unit and budgeted price per unit be $15.75 per unit.
We are required to find the sales price variance of the data.
Actual Sales volume = 5,000 units
Budgeted sales volume = 4,500
Actual selling price per unit = $15
Planned selling price = $15.75
So, calculation of the sales price variance is given below:-
Sales variance =Actual quantity sold × (actual selling price - planned selling price)
=5000*(15-15.75)
=5000*(-0.75)
=-$3750
Hence if the actual sales volume is 5000 units,budgeted sales volume is 4500, actual selling price be $15 per unit and the budgeted price per unit be $15.75 then the sales price variance is -$3750.
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