Exercise 08-23 Computing and interpreting sales variances LO A1 Comp Wiz sells computers. During May, it sold 400 computers at a $1,000 average price each. The May fixed budget included sales of 450 computers at an average price of $970 each. AQ - Actual Quantity SQ = Standard Quantity AP = Actual Price SP - Standard Price 182. 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 Floxible Budget Budgeted Sales d interpreting sales variances LO A1 (it sold 400 computers at a $1,000 average price each. The May fixed budget average price of $970 each. and the sales volume variance for May. Classify it as favorable or unfavorable. "y selecting for favorable, unfavorable, and no variance.) Flexible Budget Budgeted Sales