Shirt Fantasy produces and sells two types of tee shirts Fancy and Plain. Shirt Fantasy provides the following data:
$$\begin{array} { | l | l | l | }
\hline & \text { Budpgt } & \text { Actual } \
\hline \text { Unit sales price-Fancy } & \$ 24 & \$ 25 \
\hline \text { Unit sales price-Plain } & \$ 18 & \$ 17 \
\hline \text { Unit siles-Fancy } & 1,300 & 1,250 \
\hline \text { Unit sales-Plain } & 900 & \$ 75 \
\hline
\end{array}$$
-
Using the format below, compute the flexible budget variance for Fancy tee shirts for sales revenue only.

Question

Shirt Fantasy produces and sells two types of tee shirts Fancy and Plain. Shirt Fantasy provides the following data:
 $$\begin{array} { | l | l | l | } 
\hline & \text { Budpgt } & \text { Actual } \
\hline \text { Unit sales price-Fancy } & \$ 24 & \$ 25 \
\hline \text { Unit sales price-Plain } & \$ 18 & \$ 17 \
\hline \text { Unit siles-Fancy } & 1,300 & 1,250 \
\hline \text { Unit sales-Plain } & 900 & \$ 75 \
\hline
\end{array}$$ 
-
Using the format below, compute the flexible budget variance for Fancy tee shirts for sales revenue only.

Quizplus · Accepted Answer

The Answer of Shirt Fantasy produces and sells two types of tee shirts Fancy and Plain. Shirt Fantasy provides the following data:
 $$\begin{array} { | l | l | l | } 
\hline & \text { Budpgt } & \text { Actual } \
\hline \text { Unit sales price-Fancy } & \$ 24 & \$ 25 \
\hline \text { Unit sales price-Plain } & \$ 18 & \$ 17 \
\hline \text { Unit siles-Fancy } & 1,300 & 1,250 \
\hline \text { Unit sales-Plain } & 900 & \$ 75 \
\hline
\end{array}$$ 
-
Using the format below, compute the flexible budget variance for Fancy tee shirts for sales revenue only.

Shirt Fantasy Produces and Sells Two Types of Tee Shirts