Dickinsen Company gathered the following data for December: Planned Actual Sales price per unit $5.80 $6.00...
Dickinsen Company gathered the following data for December:
| Planned | Actual | |
| Sales price per unit | $5.80 | $6.00 |
| Number of units of sales | × 820,000 | × 805,000 |
| Total sales | $4,756,000 | $4,830,000 |
Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
a. Compute the revenue price variance.
| $ |
b. Compute the revenue volume variance.
| $ |
c. Compute the total revenue variance.
| $ |
Homework Answers
a) Revenue price variance = (5.80-6)*805000 = -161000 F
b) Revenue volume variance = (820000-805000)*5.8 = 87000 U
c) Total revenue variance = -74000 F
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