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The Ferguson Company Estimated That October Sales Would Be 100,000

Question 94

Multiple Choice

The Ferguson Company estimated that October sales would be 100,000 units with an average selling price of $6.00. Actual sales for October were 105,000 units and average selling price was $5.95. The sales price variance was:


A) $5,000 favorable.
B) $5,000 unfavorable.
C) $5,250 favorable.
D) $5,250 unfavorable.

Correct Answer:

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