Menendez Company is a merchandiser that sells three products: Salsa, Tortillas, and Queso. The following are the actual and expected (standard) data for the three products:

Required:
1. Compute the sales price variance and the sales volume variance for Salsa.
2. Compute the sales price variance and the sales volume variance for Tortillas.
3. Compute the sales price variance and the sales volume variance forQueso.

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Actual Data Units Sales Price Total Actual Market Salsa 530 $5.00 4.00 2,500 units 10,000 2,500 Tortillas 760 Queso 660 7.00 Standard Data Units Sales Price Total Market Share Salsa.. 500 S6.00 3.00 25% Tortillas 900 10 Queso 600 5.00 20