Boris Bangles planned to sell 280,000 banjos at $400 each,but actually sold 250,000 at $425 each.Which is true of BB's quantity variances?

Name: Boris Bangles planned to sell 280,000 banjos at $400 each,but actually sold 250,000 at $425 each.Which is true of BB's quantity variances?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The quantity variance is calculated as the difference in the number of units sold multiplied by the planned selling price. The variance is (250,000 - 280,000) * $400 = -30,000 * $400 = -$12,000,000, which is unfavorable.

Boris Bangles Planned to Sell 280,000 Banjos at $400 Each,but