Quest Electronics has the following sales data for the last quarter:
What is the Master Budget Variance for Quest Electronics for the quarter?
A) $1,000 favorable
B) $1,000 unfavorable
C) $6,600 favorable
D) $6,600 unfavorable

Question

Quest Electronics has the following sales data for the last quarter:
 What is the Master Budget Variance for Quest Electronics for the quarter?
A) $1,000 favorable 
B) $1,000 unfavorable 
C) $6,600 favorable 
D) $6,600 unfavorable

Quizplus · Accepted Answer

Master Budget Variance = Total Actual Sales - Total Budgeted Sales = (Actual Volume x Actual Price) - (Budgeted Volume x Budgeted Price) = (2,000 x $13) - (1,800 x $15) = $26,000, Actual Sales - $27,000, Budgeted Sales = $1,000 Unfavorable.

Quest Electronics Has the Following Sales Data for the Last