Provide the sales volume variance

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Question - Your company had the following static budget:

Revenue 346124

Materials 70274

Labor 95224

Overhead 74771

With an anticipated volume of 4203 units.

Actual results for the period were

Revenue 341238

Materials 86247

Labor 105410

Overhead 98651

With an actual volume of 4741 units. Materials and labor are variable costs and overhead is a fixed cost.

1. Provide the sales price variance (absolute value).

2. Provide the materials variance (absolute value).

3. Provide the labor variance (absolute value).

4. Provide the overhead variance (absolute value).

5. Provide the sales volume variance (absolute value).

Reference no: EM132854274

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