Virginia Enterprises Produces Two Products,Standard and Deluxe

Essay

Virginia Enterprises produces two products,Standard and Deluxe.Actual and budgeted information for the year is provided below:
Required:
(Be sure to indicate whether the variance is favorable or unfavorable. )
a.Compute the sales activity variance for each product.b.Compute the sales mix variance for each product.c.Compute the sales quantity variance for each product.