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Calculate and explain the sales volume variance

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Question - Electra Corp. produces two products: A and B. Information on these two products is as follows:

A B

Budget price per unit $130 $145

Budget variable costs per unit $60 $67

Sales volume in units:

Actual 15,000 6,500

Budget 10,080 7,420

Required - Calculate and explain the following variances for Electra Corp.:

a) Sales volume variance

b) Sales mix variance

Reference no: EM133164821

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