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Oxford Co Produces and Sells Two Lines of T-Shirts, Classic and and Mod

Question 175

Essay

Oxford Co. produces and sells two lines of t-shirts, Classic and Mod. Oxford provides the following data. Compute the sales price and the sales volume variances for each product.
 Budget  Actual  Unit sales price-Classic.... $15$16 Unit sales price-Mod ...... $20$19 Unit sales-Classic........ 2,4002,500\begin{array}{|c|c|r|}\hline&\text { Budget } & \text { Actual }\\ \hline\text { Unit sales price-Classic.... } & \$ 15 & \$ 16 \\\hline \text { Unit sales price-Mod ...... } & \$ 20 & \$ 19 \\\hline \text { Unit sales-Classic........ } & 2,400 & 2,500 \\\hline\end{array}

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