Question: Exercise 21-23 Computing and interpreting sales variances LO A1 Comp Wiz sells computers. During May 2017, it sold 600 computers at a $1,100 average price

Exercise 21-23 Computing and interpreting sales variances LO A1

Comp Wiz sells computers. During May 2017, it sold 600 computers at a $1,100 average price each. The May 2017 fixed budget included sales of 650 computers at an average price of $1,050 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	Flexible Budget	Budgeted Sales

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