Bonita Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 2,500 kits was prepared for the year. Fixed operating expenses account for 77% of total operating expenses at this level of sales. Sales Cost of goods sold (all variable) Gross margin Operating expenses $ 250,000 112,640 137,360 33,600 Operating income $ 103,760 Assume that during the year Bonita Sports actually sold 2,700 volleyball kits during the year at a price of $104 per kit. Calculate the sales price variance. (If variance is zero, select "Not Applicable" and enter O for the amounts.) Sales price variance $ eTextbook and Media