Question: Mia Wiz sells computers. During May, it sold 700 computers at a $1,000 per unit price. The fixed budget for May predicted sales of

Mia Wiz sells computers. During May, it sold 700 computers at a

Mia Wiz sells computers. During May, it sold 700 computers at a $1,000 per unit price. The fixed budget for May predicted sales of 750 computers at an per unit price of $960. 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 varlance by selecting favorable, unfavorable, or no varlance. Actual Sales $ 0 Flexible Budget 0 0 $ Budgeted Sales

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