Farad Inc. sells used trucks. During the month, Farad sold 50 trucks at a price of $9,000
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Farad Inc. sells used trucks. During the month, Farad sold 50 trucks at a price of $9,000 each. The budget for the month was to sell 45 trucks at a price of $9,500 each. Compute the sales price variance and sales volume variance for the month and identify each variance as favorable or unfavorable.
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