SavedHelpSave & ExitA machine distributor sells two models, basic and deluxe. The following information relates to its master budget.BasicDeluxeSales (units)Sales price per unitVariable costs per unit12,500$ 9,800$ 7,8407,500$13,800$ 9,900Actual sales were 5,200 basic models and 3,700 deluxe models. The actual sales prices were the same as the budgeted sales prices for both models.What is the sales quantity variance for the basic model?

Sales quantity variance = (actual quantity- budgeted quantity) x contribution per unit Contribution…

Saved Help Save & Exit A machine distributor sells two models, basic and deluxe. The following information relates to its master budget. Basic Sales (units) Sales price per unit Variable costs per unit 12,500 $ 9,800 $ 7,840 Deluxe 7,500 $13,800 $ 9,900 Actual sales were 5,200 basic models and 3,700 deluxe models. The actual sales prices were the same as the budgeted sales prices for both models. What is the sales quantity variance for the basic model?

Saved Help Save & Exit A machine distributor sells two models, basic and deluxe. The following information relates to its master budget. Basic Sales (units) Sales price per unit Variable costs per unit 12,500 $ 9,800 $ 7,840 Deluxe 7,500 $13,800 $ 9,900 Actual sales were 5,200 basic models and 3,700 deluxe models. The actual sales prices were the same as the budgeted sales prices for both models. What is the sales quantity variance for the basic model?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter7: Budgeting

Section: Chapter Questions

Problem 16PB: Replenish sells shampoo that removes chlorine from hair. It prepared a static budget for the sales...

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