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Cico Buckets Had Budgeted Unit Sales of 41,600 Buckets

question 18

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Cico Buckets had budgeted unit sales of 41,600 buckets.Actual sales during May totaled 42,000 buckets at $4.25 per bucket.Its budgeted sales price was $4.00 per bucket.The master budget contribution margin totaled $62,400 and the budgeted variable cost per unit was $2.50.How much is Haslo's sales volume variance?


Definitions:

-1.46 To 1.46

This range might represent values within one standard deviation from the mean in a normally distributed dataset, indicative of central concentration.

Lowest 9%

Indicates the minimum value or percentile, possibly in a collection of data or measurements, standing at 9%.

Z > -1.82

A condition referring to the area under the normal distribution curve to the right of Z = -1.82, indicating values above this Z-score.

Median Score

The middle value in a data set when the values are arranged in ascending or descending order, effectively splitting the dataset into two halves.

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