The Campus Express bookstore ordered T-shirts and bookbags with the university log in September. The bookstore expected to sell 2,000 T-shirts and actually sold 1,800; the planned selling price was $25 while the actual was $20. The planned sales of bookbags was 1,000 at a price of $75. The actual sales were 1,200 at a price of $60. What was the revenue sales-volume variance for September?
A) $ 8,000 favorable
B) $10,000 favorable
C) $ 8,000 unfavorable
D) $10,000 unfavorable

Question

Quizplus · Accepted Answer

The revenue sales-volume variance is calculated by comparing the actual sales volume to the planned sales volume, using the planned selling price. For T-shirts: (1,800 - 2,000) * $25 = -$5,000 (unfavorable). For bookbags: (1,200 - 1,000) * $75 = $15,000 (favorable). The net variance is $15,000 - $5,000 = $10,000 favorable.

The Campus Express Bookstore Ordered T-Shirts and Bookbags with the University