QS $21-22($Algo$)$ Sales variances LO A$1$

In a recent year a car manufacturer sold $216,044$ cars. The company budgeted to sell $225,444$ cars during the year. The budgeted sales price for each car was $$33,000$ and the actual sales price for each car was $$33,300.$

$AQ=$ Actual Quantity

$SQ=$ Standard Quantity

$AP=$ Actual Price

$SP=$ Standard Price

Compute the sales price variance and the ales volume variance and identify each variance as favorable or unfavorable.