Mathematics · Standard Costing
The following data is available for product X for a specific period: • Budgeted Sales Volume: 5,000 units • Actual Sales Volume: 5,200 units • Budgeted Sales Revenue: $50,000 • Actual Sales Revenue: $57,200 • Budgeted Manufacturing Cost: $30,000 • Actual Manufacturing Cost: $31,200 What is the sales price variance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1$7,200 Favourable
- 2$5,200 Favourable✓
- 3$5,000 Favourable
- 4$5,200 Adverse
Correct answer
$5,200 Favourable
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