Calculate the total sales variance, Accounting Basics

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Calculate the total sales variance

Question:

Budgeted sales are expected for the next trading period to be 4,000 units of product JB12 at an expected selling price of £24 per unit. However, actual results for the period were sales of 4,600 units which generated revenue of £87,400.

Calculate the Total sales variance, Sales volume variance, Sales price variance.

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Accounting Basics: Calculate the total sales variance

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Accounting Basics: Calculate the total sales variance

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