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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. Variable costs were budgeted at $14.00 per unit and actually totaled $15.00 per unit. Budgeted fixed costs totaled $400,000, while actual fixed costs amounted to $420,000.
-What is the Zany Brainy's sales volume variance for total revenue?
Value
Value refers to the importance, worth, or usefulness of something, often in terms of its perceived benefits versus cost.
Price/Value Formula
A strategy or equation used to determine the appropriate price of a product or service based on its value to the customer and the market demand.
Tropical Fish Displays
A setup intended for the keeping and showing of tropical fish in a controlled, aesthetically pleasing environment.
Waiting Area
A designated space where visitors or clients are received and can wait before their appointment or meeting.
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