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Aye Co uses a standard marginal costing system. The budgeted sales volume for 20X5 of its only product, the Emm, was 1,250 units at a budgeted selling price of $2.50. The Emm has a standard variable cost of $1.40 per unit and a standard total cost of $1.875 per unit. Actual sales during 20X5 were 1,125 units at a selling price of $3 per unit. What is the selling price variance for product Emm during 20X5? Variance is $________ (Enter adverse variance with minus sign.) |