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Compute the sales volume variance

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Reference no: EM132961190

Question - Sanford Company original assumptions for the planning budget were:

Total sales = $160,000, sale price = $20.00, and contribution margin ratio = 40.0%.

Actual results were: Total sales = $174,250, sale volume = 8,500 units, and contribution margin ratio = 35.0%.

Compute the sales volume variance.

Reference no: EM132961190

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