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The Levinson Company Expected to Produce 23,000 Units at $190

Question 157

Essay

The Levinson Company expected to produce 23,000 units at $190 per unit. The 2014 actual figures were 22,100 units which sold at $200 each.
Compute:
a. The Sales Price Variance
b. The Sales Volume Variance
c. The Overall (total) Sales Variance
Indicate whether Favorable or Unfavorable

Correct Answer:

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a. Sales Price Variance = (Actual Price ...

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