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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

image text in transcribed 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: 1. \& 2. Compute the sales price, sales volume and total sales variances and identify each as favorable or unfavorable

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