The fixed budget indicates sales of $50,000. Actual sales were $55,000. The variance is:

Multiple Choice QuestionThe fixed budget indicates sales of $50,000. Actual sales were $55,000. The variance is:Multiple choice question.$5,000 unfavorable$55,000 favorable$55,000 unfavorable$5,000 favorable

A flexible budget performance report indicates a sales variance of $200 unfavorable. The variance was likely caused by:Multiple choice question.selling units for less than the budgeted priceselling more units than budgetedselling units for more than the budgeted price

If actual sales revenue was $65 350 for the month, whereas budgeted sales revenue was $68 500, the sales variance is:Group of answer choicesnot able to be determined because cost of sales figures are not given.an unfavourable variance of $3150.a favourable variance of $3150.zero.

Fill in the Blank QuestionFill in the blank question.Actual sales volume for a period is 5,000 units. Budgeted sales volume is 4,500. Actual selling price per unit is $15 and budgeted price per unit is $15.75. The sales price variance is $.

Nodefect Inc. manufactures family cars. Below is the static budget and actual results for last year. What is the total sales-volume variance for last year?  Static budget Actual resultsUnits sold 650 700Sales price per unit $27,999 $28,999Variable manufacturing cost per unit $21,950 $22,850Contribution margin (in total) $3,931,850 $4,304,300Fixed manufacturing costs $2,805,000 $2,857,200Operating profit $1,126,850 $1,447,100