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Price volume mix variances compared to last year

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Reference no: EM132804465

Your company has the following Price Volume Mix Variances compared to last year:

  • Price                   +$125,000
  • Volume               $(50,000)
  • Mix                      +$1,000

What story does that tell?

(Select all that apply)

Group of answer choices

  • Revenue decreased this year due to volume being lower than last year
  • Revenue increased as the increase in price more than offset the decrease in volume
  • Revenue increased due to a change in the mix
  • Not enough information to tell

Reference no: EM132804465

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