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rSIduces mag wheels for motorcycles. During 2018, Custom ,000 mag wheels at $185 each. The actual sales for 2018 were Problem

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Answer #1

a) Sales price variance = (Standard price-actual price)Actual sales volume = (185-179)*333500 = 2001000 U

b) Sales volume variance = (Standard quantity-actual quantity)Standard sale price = (275000-333500)*185 = 10822500 F

c) Total sales variance = Standard sales-Actual sales = (275000*185)-(333500*179) = $8821500 F

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