Comp Wiz sells computers. During May 2017, it sold 500 computers at a $900 average price each. The May 2017 fixed budget included sales of 550 computers at an average price of $880 each.

AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price

(1) Compute the sales price variance and the sales volume variance for May 2017. Print

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Item 10

Item 10 10 points

Exercise 23-23 Computing and interpreting sales variances LO A1

Comp Wiz sells computers. During May 2017, it sold 500 computers at a $900 average price each. The May 2017 fixed budget included sales of 550 computers at an average price of $880 each.

AQ = Actual Quantity SQ = Standard Quantity AP = Actual Price SP = Standard Price

(1) Compute the sales price variance and the sales volume variance for May 2017.

Actual Sales					0	Flexible Budget					0	Budgeted Sales
				AQ		x
						x
					$0	0					$0
							0
							0