Question: 13 Comp Wiz sells computers. During May, it sold 400 computers at a $900 average price each. The May fixed budget included sales of 450

13 Comp Wiz sells computers. During May, it sold 400 computers at a $900 average price each. The May fixed budget included sales of 450 computers at an average price of $860 each. 3 points AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price eBook 1&2. Compute the sales price variance and the sales volume variance for May. Classify it as favorable or unfavorable. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) Actual Sales Flexible Budget Budgeted Sales Hint AQ AP SQ X AP AQ 400 AP 900 $ 400 $ 900 450 X $ 900 Print $ 360,000 $ 360,000 $ 405,000 $ 0 $ 45,000 Sales price variance Sales volume variance Total sales variance 0 45,000
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