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Teddy Berra Company manufactures and sells a total of 30,000 stuffed tigers and lions. During August, the following information was gathered for tiger and lions respectively: Actual selling price: $7.50, $10.50. Budgeted selling price: $5.50, $10.50. Actual Sales Mix: 69%, 31%. Budgeted Sales Mix: 75%, 25%. What is the total sales-volume variance of revenues?
a) $13,500 favorable
b) $,5400 unfavorable
c) $9,000 unfavorable
d) $32,400 unfavorable
e) None of the above.
Please provide the correct answer and show how you calculated this problem to get the right answer so I can understand how to complete this problem also.
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