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Bramble Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 1,560 kits was prepared

Bramble Sports sells volleyball kits that it purchases from a sports equipment distributor. The following static budget based on sales of 1,560 kits was prepared for the year. Fixed operating expenses account for 62% of total operating expenses at this level of sales.

Sales $ 78,000
Cost of goods sold (all variable)

46,800
Gross margin 31,200
Operating expenses

27,300
Operating income $ 3,900

Assume that during the year Bramble Sports actually sold 1,638 volleyball kits during the year at a price of $37 per kit. Calculate the sales price variance. (If variance is zero, select "Not Applicable" and enter 0 for the amounts.)

Sales price variance =

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