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What is the total revenue variance

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Q1. Fitchburg Industries' budgeted sales were 400 units at $200. Actual sales were 500 units at $225. Variable cost per unit is $48. What is the total revenue variance?

a. $32,500 (F)

b. $12,500 (F)

c. $48,000 (U)

d. $80,000 (U)

Q2. Albertville uses a standard cost system for each of its refineries. For the Louisiana refinery, the monthly fixed overhead budget is $8,000 for a planned output of 5,000 barrels. For September, the actual fixed cost was $8,750 for 5,100 barrels. The fixed overhead flexible (spending) budget variance is?

a. $750 U

b. $800 U

c. $875 F

d. $1,500 F

Reference no: EM133021204

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