In a recent year, BMW sold 217,844 of its 1 Series cars. Assume the company expected...

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In a recent year, BMW sold 217,844 of its 1 Series cars. Assume the company expected to sell 226.744 of these cars during the year. Also assume the budgeted sales price for each car was $27,000, and the actual sales price for each car was $27,300. AQ=Actual Quantity SQ=Standard Quantity AP Actual Price SP = Standard Price Compute the sales price variance and the sales volume variance. Actual Sales Flexible budget HOM $ 0 $ $ 0 Budgeted Sales In a recent year, BMW sold 217,844 of its 1 Series cars. Assume the company expected to sell 226.744 of these cars during the year. Also assume the budgeted sales price for each car was $27,000, and the actual sales price for each car was $27,300. AQ=Actual Quantity SQ=Standard Quantity AP Actual Price SP = Standard Price Compute the sales price variance and the sales volume variance. Actual Sales Flexible budget HOM $ 0 $ $ 0 Budgeted Sales

Answer rating: 100% (QA)

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