Sales Price Variance, Sales Volume Variance, Overall Sales Variance Saginaw Company is a garden products wholesale...

Sales Price Variance, Sales Volume Variance, Overall Sales Variance

Saginaw Company is a garden products wholesale firm. In December, Saginaw Company expects to sell 21,000 bags of vegetable fertilizer at an average price of $5.3 per bag. Actual results are 21,800 bags sold at an average price of $5.2 per bag.

Required:

1. Calculate the sales price variance for December.
$ - Select your answer -FavorableUnfavorableItem 2

2. Calculate the sales volume variance for December.
$ - Select your answer -FavorableUnfavorableItem 4

3. Calculate the overall sales variance for December.
$ - Select your answer -FavorableUnfavorableItem 6

4. What if December sales were actually 20,800 bags calculate the new sales price variance?
$ - Select your answer -FavorableUnfavorableItem 8

The sales volume variance?
$ - Select your answer -FavorableUnfavorableItem 10

The overall sales variance?
$ - Select your answer -FavorableUnfavorableItem 12

Expert Solution

ekkarill92 answered 2 years ago

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