Family Friendly Photography has just finished its first year of business. It specializes in group portraits, though the company also handles individual portraits. Revenue is determined per photo shooting. Family Friendly Photography has divided prices into three different groups: groups of 15 or more, groups of 2 to 15, and individuals. The following information is for its first year of operation:

At the beginning of the year, Family Friendly Photography created a budget of expectations for the first year of business. Following are the expectations for the first year of business:

Required:
Compute the sales price variance and the sales volume variance for each of the three groups listedabove.

Transcribed Image Text:

Number of Photo Shoots Photo Shoot 330 475 175 Price per Groups of 15+ Groups of 2-15. Individuals. $280.00 180.00 105.00