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Budgeting and Variance Analysis for Sales Volume and Sales Mix : A company prepares a flexible budget for sales volume and sales mix variance based

Budgeting and Variance Analysis for Sales Volume and Sales Mix: 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: $80

Actual sales volume: 9,800 units

Actual selling price per unit: $85

Actual product mix: Product A (60%) and Product B (40%) Calculate the sales volume variance and sales mix variance. 

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