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Compute the dealership sales price variance for the month

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Reference no: EM132517355

Question 1: Milltown Company specializes in selling used cars. During the month, the dealership sold 29 cars at an average price of $15,700 each. The budget for the month was to sell 27 cars at an average price of $16,700. Compute the dealership's sales price variance for the month.

Multiple Choice

Option 1: $29,000 unfavorable.

Option 2: $10,700 favorable.

Option 3: $29,000 favorable.

Option 4: $33,400 unfavorable.

Option 5: $33,400 favorable.

Reference no: EM132517355

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