Butte Truck Company specializes in selling used trucks. During the first six months of $2022,$ the dealership sold $50$ trucks at an average price of $$18,500$ each. The budget for the first six months of $2022$ was to sell $45$ trucks at an average price of $$19,000$ each. Compute the dealership's sales price variance and sales volume variance for the first six months of $2022.$

Here is a reminder from class as to how to format your variance calculations. You can fill your work in here or complete it below.

AQXAP

AQxSP

SQxSP

Total Sales Variance

Analyze the following statement by first putting it in CVP format and then flexing it to $1200$ actual units.

$($Note: I really like this Quick Study. This is a great example of the skill I$\text{'}$d like to see you have from this chapter.$)$

Sales $(1000$ units$)$

Volume Variance

Cost of Sales

$\backslash$table$[[$Direct Material,$9,000,],[$Direct Labor,$28,000,],[$Fixed Overhead,$17,500,54,500],[,,30,500]]$

Gross Profit

Operating Expenses

Fixed

Variable

Net Income

$\backslash$table$[[,85,000],[9,000,],[28,000,],[17,500,54,500],[,30,500],[16,000,],[2,000,18,000],[,12,500]]$