Revenue variances Rosenberry Company computed the following revenue variances for January: Revenue price variance Revenue volume variance $(350,000) Favorable 50,000 Unfavorable Assuming that the planned selling price per unit was $10 and that actual sales were 175,000 units, determine the

Revenue variances Rosenberry Company computed the following revenue variances for January: Revenue price variance Revenue volume variance $(350,000) Favorable 50,000 Unfavorable Assuming that the planned selling price per unit was $10 and that actual sales were 175,000 units, determine the

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 24E: Rosenberry Company computed the following revenue variances for January: Revenue price variance...

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Question

Revenue variances
Rosenberry Company computed the following revenue
variances for January:
Revenue price variance
Revenue volume variance
$(350,000) Favorable
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.
units
b. Planned number of units that were to be sold in January.

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