Comp Wiz sells computers. During May 2013, it sold 350 computers at a $ 1,200 average price

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Comp Wiz sells computers. During May 2013, it sold 350 computers at a $ 1,200 average price each. The May 2013 fixed budget included sales of 365 computers at an average price of $ 1,100 each.

(1) Compute the sales price variance and the sales volume variance for May 2013.

(2) Interpret the findings.

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Fundamental accounting principle

ISBN: 978-0078025587

21st edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Nov 29, 2013 05:49 AM

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Comp Wiz sells computers. During May 2013, it sold 350 computers at a $ 1,200 average price

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1 Sales price and sales volume variances 2 Interpretation The 35000 favorable sales price variance ...View the full answer

Fundamental accounting principle

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