AA $21-1($Static$)$ Company Analysis LO A$1$

Apple offers sales price discounts to college students. Apple can use sales variance analysis to assess the effects of these sales

discounts. Assumed data for a local college follow.

$AQ=$ Actual Quantity

AP $=$ Actual Price

$SP=$ Standard Price

$SQ=$ Standard Quantity

Required:

& $2.$ Compute the sales price, sales volume and total sales variances and identify each as favorable or unfavorable.