What is the price variance-is it favorable or unfavorable, Accounting Basics

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What is the price variance-is it favorable or unfavorable

Question:

Using the same information in Exercise 9.3, answer the following about the sales revenue:

a. What is the budget variance? Is it favorable or unfavorable?

b. What is the price variance? Is it favorable or unfavorable?

c. What is the sales volume variance? Is it favorable or unfavorable?

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Accounting Basics: What is the price variance-is it favorable or unfavorable

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Accounting Basics: What is the price variance-is it favorable or unfavorable

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