Business
01.02.2022 02:19
219
320
6
Solved by an expert

Milltown Company sells used cars. During the month, the dealership sold 22 cars

Milltown Company sells used cars. During the month, the dealership sold 22 cars at an average price of $15,000 each. The budget for the month was to sell 20 cars at an average price of $16,000. Compute the dealership sales volume variance for the month.
Show Answers
jeff7259
jeff7259
4,9(88 marks)

Sales volume variance = $32,000 favorable

Explanation:

The sales volume variance is calculated as the difference between the budgeted and the actual sales volume multiplied by he standard price per unit

                                                               Unit

Budgeted sales units                             20

Actual sales units                                 22

Sales volume                                           2

Standard price per unit                       ×$16,000

Sales volume variance                        $32,000 Favorable

Sales volume variance = $32,000

mtassy85
mtassy85
4,4(43 marks)

just the green jar is open and ready to eat me

Popular Questions about the subject: Business

Branch Company provided the following information: Standard fixed overhead rate...
Business
16.11.2022 09:58
Suppose an individual invests $60,000 in a load mutual fund for two years. The...
Business
11.11.2022 20:41
The fictional school: Oakland Community College increases the income tax rate...
Business
23.07.2022 19:46
Kenny Lauren want to establish a nonprofit organization to help orphans find adoptive...
Business
17.02.2020 12:28
Neuman Corporation Convertible Bonds The following data apply to Neuman Corporation...
Business
15.06.2022 10:34
For each of the following situations, what amount would the insurance company...
Business
22.07.2021 16:40
Diagram the arguments contained in the following passages. From a letter to the...
Business
18.05.2023 19:35
Consider two investors that abide by the following utility function. Ui = γiEi...
Business
24.01.2023 18:45
The following unadjusted trial balance is prepared at fiscal year-end for Nelson...
Business
13.10.2021 05:16
n order to run the business Economan gave up a chance to earn $110,000 in a job...
Business
19.08.2021 20:50

New questions by subject

which phrase describes a characteristic of the radical poetry written by Walt...
English
12.01.2021 12:10
What is the value of the expression (30 - 6b) when b is 3.5...
Mathematics
08.03.2020 01:22
Why did the European system of colonialism create such a great desire for self-rule...
Social Studies
13.02.2020 23:10
If the volume of a cylinder is 1400 in ^3 what is the height of th cylinder use...
Mathematics
19.06.2020 15:24
Prior knowledge Questions (Do these BEFORE using the Gizmo.) 1. The image shows...
Biology
21.01.2023 08:29
Can someone help me?...
Mathematics
17.01.2023 19:19
For every five dollars that Maurice saves in his account, his brother saves six...
Mathematics
18.08.2021 15:03
3. I 4. Explain how Hitler used the fire at the Reichstag to convince people to...
History
07.07.2022 12:12
Most hurricanes which areas...
Social Studies
14.07.2022 17:19
Help me please which one is it please...
History
13.10.2020 12:49
#
#
#
#
# #

We expand our knowledge with many expert answers