Question

If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then the selling price variance will be

a.

$45,000

b.

$55,000

c.

$75,000

d.

$65,000

Answer: (c).$75,000

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Q. If an actual selling price is $400, an actual result is $250 and an actual units sold are 500, then the selling price variance will be

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