Multiple Choice
Use the following information to answer questions
Dexter PC estimates sales of 20,000 tool kits at $35 per tool kit in June. During June, 15,000 tool kits were sold for total revenue of $705,000.
-What is the sales price variance?
A) $5,000 favorable
B) $5,000 unfavorable
C) $180,000 favorable
D) $180,000 unfavorable
E) cannot be determined because the selling price per unit is not known
Correct Answer:
Verified
Correct Answer:
Verified
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