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Zany Brainy Projected Current Year Sales of 50,000 Units at a Unit

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Zany Brainy projected current year sales of 50,000 units at a unit sale price of $20.00.Actual current year sales were 55,000 units at $22.00 per unit.Actual variable costs,budgeted at $15.00 per unit,totaled $14.00 per unit.Budgeted fixed costs totaled $400,000,while actual fixed costs amounted to $420,000.
-What is the sales volume variance for total revenue?


Definitions:

Unemployment Rate

The proportion of the workforce that is unemployed and actively looking for work.

Price Level

An index indicating the general pricing trends in an economy, reflecting the cost living and purchasing power.

Aggregate Output

A composite measure of all final goods and services produced in an economy during a given period; real GDP.

Aggregate Demand Curve

A curve that shows the relationship between the overall price level and the total demand for all goods and services in an economy.

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