Comp Wiz sells computers. During May 2015, it sold 350 computers at a $1,200 average price each.

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Comp Wiz sells computers. During May 2015, it sold 350 computers at a $1,200 average price each. The May 2015 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 2015.

2. Interpret the findings.

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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Apr 23, 2015 03:19 AM

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Comp Wiz sells computers. During May 2015, it sold 350 computers at a $1,200 average price each.

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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 Principles

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