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Shirt Fantasy Produces and Sells Two Types of Tee Shirts

Question 51

Essay

Shirt Fantasy produces and sells two types of tee shirts Fancy and Plain. Shirt Fantasy provides the following data:
 Unit sales price- Fancy  Budget  Actual  Unit sales price-Plain $24$25 Unit sales-Fancy $18$17 Unit sales-Plain 1,3001,250900875\begin{array}{lll}\text { Unit sales price- Fancy } &{\text { Budget }} &{\text { Actual }} \\\text { Unit sales price-Plain } & \$ 24 & \$ 25 \\\text { Unit sales-Fancy } & \$ 18 & \$ 17 \\\text { Unit sales-Plain } & 1,300 & 1,250 \\& 900 & 875\end{array} Compute the flexible budget variance for Fancy tee shirts for sales revenue..

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