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A company prepares a flexible budget for sales volume and sales mix variance based on the following information: Budgeted sales volume: 10,000 units Budgeted selling

A company prepares a flexible budget for sales volume and sales mix variance based on the following information:

Budgeted sales volume: 10,000 units

Budgeted selling price per unit: $120

Actual sales volume: 9,800 units

Actual selling price per unit: $125

Actual product mix: Product A (70%) and Product B (30%) Calculate the sales volume variance and sales mix variance.

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