Question: Exercise 8-26 (Algo) Computing sales variances LO A1 Mia Wiz sells computers. During May, it sold 400 computers at a $1 , 000 per unit

Exercise 8-26 (Algo) Computing sales variances LO A1 Mia Wiz sells computers. During May, it sold 400 computers at a $1 , 000 per unit price. The fixed budget for May predicted sales of 450 computers at an per unit price of $960 . AQ=ActualQuantity SQ = StandardQuantity AP = ActualPrice SP = StandardPrice ? 1\&2. Compute the sales price variance and the sales volume variance for May. Identify it as favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)

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