Apple offers sales price discounts to college students. Apple can use sales variance analysis to assess the effects of these sales discounts. Assumed data for a local college follow. MacBook Pro Sales (units). Sales price per unit AQ Actual Quantity AP Actual Price SP=Standard Price SQ = Standard Quantity Budgeted 1,000 units $ 1,800 Actual 1,150 units $1,600 Required: 1. & 2. Compute the sales price, sales volume and total sales variances and identify each as favorable or unfavorable.

Apple offers sales price discounts to college students. Apple can use sales variance analysis to assess the effects of these sales discounts. Assumed data for a local college follow. MacBook Pro Sales (units). Sales price per unit AQ Actual Quantity AP Actual Price SP=Standard Price SQ = Standard Quantity Budgeted 1,000 units $ 1,800 Actual 1,150 units $1,600 Required: 1. & 2. Compute the sales price, sales volume and total sales variances and identify each as favorable or unfavorable.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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