Select Auto Imports is a regional auto dealership that specializes in selling high-end imported luxury automobiles. Master budget data and actual results for the most recent month of operations are as follows:

Required:
a. What is Select Auto Imports€™ total profit variance for the most recent month?
b. Calculate Select Auto Imports€™ sales volume variance and sales price variance for the month.
c. What factor(s) might explain the sales volume and sales price variances you calculated in part(b)?

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Master Budget Actua l Resulls Sales (# ofcars) Sales price per car Variable cost per car Fixed costs 70 $45,000 $40,000 $350,000 60 $50,000 $40,000 $350,000