Randazzo Corporation manufactures aquariums. During 2010, Randazzo's sales force sold 2,000,000 aquariums at $22.00 per aquarium. Randazzo budgeted that its sales force would sell 2,100,000 aquariums at $20.50 per aquarium.
Required:
a. Calculate Randazzo's sales price variance.
b. Calculate Randazzo's sales volume variance.
c. Calculate Randazzo's total revenue variance.

Question

Randazzo Corporation manufactures aquariums. During 2010, Randazzo's sales force sold 2,000,000 aquariums at $22.00 per aquarium. Randazzo budgeted that its sales force would sell 2,100,000 aquariums at $20.50 per aquarium.
	Required:
a.	Calculate Randazzo's sales price variance.
b.	Calculate Randazzo's sales volume variance.
c.	Calculate Randazzo's total revenue variance.

Quizplus · Accepted Answer

The Answer of Randazzo Corporation manufactures aquariums. During 2010, Randazzo's sales force sold 2,000,000 aquariums at $22.00 per aquarium. Randazzo budgeted that its sales force would sell 2,100,000 aquariums at $20.50 per aquarium.
	Required:
a.	Calculate Randazzo's sales price variance.
b.	Calculate Randazzo's sales volume variance.
c.	Calculate Randazzo's total revenue variance.

Randazzo Corporation Manufactures Aquariums