Milltown company specializes in selling used cars. during the month, the dealership sold 16 cars at an average price of $14,400 each. the budget for the month was to sell 14 cars at an average price of $15,400. compute the dealership's sales volume variance for the month.
Answer from: madlenserlipepu1o
$30,800
Explanation:
Data provided in the question:
Actual number of cars sold = 16
Average price of the car = $14,400
Budgeted number of cars to be sold = 14
Average budgeted price of the car = $15,400
Now,
Sales volume variance
= ( Actual quantity sales - Budgeted quantity sales ) × Budgeted price
= ( 16 - 14 ) × $15,400
= 2 × $15,400
= $30,800
Answer from: Quest
answer; bootstrapping is your answer;
Answer from: Quest
riley- $3
sean- $4
jake- $8
riley has the absolute advantage.
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