Mia Wiz sells computers. During May, it sold 700 computers at a $900 per unit price....

Transcribed Image Text:

Mia Wiz sells computers. During May, it sold 700 computers at a $900 per unit price. The fixed budget for May predicted sales of 750 computers at an per unit price of $880. AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price 1&2. Compute the sales price variance and the sales volume variance for May. Identify it as favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Actual Sales Flexible Budget Budgeted Sales Mia Wiz sells computers. During May, it sold 700 computers at a $900 per unit price. The fixed budget for May predicted sales of 750 computers at an per unit price of $880. AQ Actual Quantity SQ Standard Quantity AP Actual Price SP Standard Price 1&2. Compute the sales price variance and the sales volume variance for May. Identify it as favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Actual Sales Flexible Budget Budgeted Sales