McGrath's produces and sells two types of t-shirts-Fancy and Plain.The company provides the following data:
$\begin{array}{lll}
& \text { Budget } & \text { Actual } \
\text { Unit sales price -Fancy } & \$ 24 & \$ 25 \
\text { Unit sales price - Plain } & \$ 18 & \$ 17 \
\text { Unit sales - Fancy } & 1,300 & 1,250 \
\text { Unit sales - Plain } & 900 & 875
\end{array}$ Compute the flexible budget variance for Fancy t-shirts for sales revenue.

Question

McGrath's produces and sells two types of t-shirts-Fancy and Plain.The company provides the following data:
 $\begin{array}{lll}
& \text { Budget } & \text { Actual } \
\text { Unit sales price -Fancy } & \$ 24 & \$ 25 \
\text { Unit sales price - Plain } & \$ 18 & \$ 17 \
\text { Unit sales - Fancy } & 1,300 & 1,250 \
\text { Unit sales - Plain } & 900 & 875
\end{array}$ Compute the flexible budget variance for Fancy t-shirts for sales revenue.

Quizplus · Accepted Answer

The Answer of McGrath's produces and sells two types of t-shirts-Fancy and Plain.The company provides the following data:
 $\begin{array}{lll}
& \text { Budget } & \text { Actual } \
\text { Unit sales price -Fancy } & \$ 24 & \$ 25 \
\text { Unit sales price - Plain } & \$ 18 & \$ 17 \
\text { Unit sales - Fancy } & 1,300 & 1,250 \
\text { Unit sales - Plain } & 900 & 875
\end{array}$ Compute the flexible budget variance for Fancy t-shirts for sales revenue.

McGrath's Produces and Sells Two Types of T-Shirts-Fancy and Plain